Emami Stake Sale Continues, Includes Paper Business for Divestment to Reduce Debt
The total promoter stake in Emami subsequent to the stake sale, stands at a controlling majority of 52.74 percent. The promoters intend to maintain this stake. June 26, 2019 Kolkata-headquartered FMCG conglomerate promoters, the Goenka and Agarwal families have offloaded a 10 percent of their stake in the group flagship,......