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Dishman Carbogen promoters to sell 4.4% stake via OFS; stock down 2.4%

Updated : December 18, 2020 14:54:29 IST

Dishman Carbogen promoters are likely to sell close to 8.8 percent stake via an offer-for-sale (OFS). The base book is for 4.4 percent and there is a greenshoe option for the other 4.4 percent.

The OFS is at a floor price of Rs 145, which is at a 4-5 percent discount to Thursday's closing price.

The promoters are looking to raise Rs 201 crore via the stake sale and currently hold 63.21 percent stake.

The company's stock as of 2:00 pm is trading 2.4 percent in the negative at Rs 151.40 per share.

CNBC-TV18’s Nimesh Shah has more details.
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