GMM PFAUDLER LTD. - 505255 - Board Meeting Outcome for 17.32% Stake Sale In GMM Pfaudler Ltd By Pfaudler Inc. Through Bulk Deals And Outcome Of The Board Meeting Held On December 17, 2022
The Board of Directors of GMM Pfaudler Ltd (the 'Company') at their meeting held on December 17, 2022, has, inter alia, been informed that the Promoters of the Company i.e. Pfaudler Inc. (DBAG) and the Patel Family Group have entered into an arrangement for the acquisition of 4,49,572 equity shares representing 1% of the equity share capital of the Company by the Patel Family Group from Pfaudler Inc., subject to the applicable regulatory approvals.17-12-2022