|Chennai||Rs. 24840.00 (-0.36%)|
|Mumbai||Rs. 25460.00 (-0.16%)|
|Delhi||Rs. 25450.00 (2.21%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24700.00 (0%)|
|Bangalore||Rs. 25050.00 (1.42%)|
|Hyderabad||Rs. 24930.00 (1.63%)|
Gujarat Industrial Development Corporation (GIDC) has acquired additional 3 per cent stake in the state-run alkali products maker, Gujarat Alkalies & Chemicals Ltd (GACL) through the open market purchase.
In a statement filed with the stock exchanges recently, GIDC - a part of the GACL promoter group, informed that it has acquired 22.64 million shares of GACL or 3.08 per cent stake in the latter on March 25, 2013 through market purchase.
Post the recent share acquisition, the stake of GIDC, which is a government-promoted agency to accelerate industrial development in the state, has increased from 0.268 per cent earlier to 3.348 per cent now.