Vraj Iron Steel Sells MVK Stake for ₹45.5 Crore
Subsidiary / Associate Update
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
28th Oct 2026
Transaction Details
- Shares Transferred: 396,000 equity shares of MVK Industries Private Limited
- Price per Share: ₹115
- Total Consideration: ₹4,55,40,000 (Rupees Four Crore Fifty-Five Lakh Forty Thousand Only)
- Buyer: Gopal Sponge and Power Private Limited
- Relationship: Promoter and Holding Company of Vraj Iron and Steel Limited
- Completion Date: October 28, 2026