Latest News | Lighthouse Emerging India Sells Stylam Industries Shares Worth Rs 56 Crore

New Delhi, Sep 2 (PTI) Lighthouse Emerging India on Friday offloaded 5 lakh shares of laminate maker Stylam Industries Ltd for over Rs 56 crore through open market transaction.

According to the bulk deal data available with BSE, Lighthouse Emerging India Investors Ltd sold 5,00,000 shares or 2.95 per cent stake in the company.

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The shares were offloaded at an average price of Rs 1,126.67 apiece, taking the transaction value to Rs 56.33 crore.

At the end of the June quarter, Lighthouse Emerging India Investors Ltd owned 3.04 per cent stake in the company, as per data available with the bourse.

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Shares of Stylam Industries closed 2.51 per cent lower at Rs 1,150 on BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)