Comments
Shares of Sah Petroleums will remain in focus, as the open offer from Gulf Petrochem Group kicks off on Friday. The UAE-based group plans to acquire up to 26 per cent stake (or 1.325 crore shares) in Sah Petroleums at a price of ₹15.70 a share. The open offer is scheduled to close on October 28. Gulf Petrochem Energy and Gulf Petrochem Pte Ltd had acquired 72.23 per cent stake in Sah Petroleums in July. The stock on Thursday closed at ₹30.90.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.