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GMM Pfaudler MD says promoters not cashing out, stake sale to fund parent buy

Updated : September 24, 2020 05:53 PM IST

Patel said there were no plans by both DBAG and the Patel family to sell any more shares for the next three years.
The acquisition of Pfaudler's  stake is proposed to be done through GMM International, a new company to be set up in Luxemburg

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