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Radhakishan Damani to sell 62.3 lakh shares in Avenue Supermarts to meet minimum public shareholding norms

D-Mart operator Avenue Supermarts said promoter Radhakishan Shivkishan Damani would gradually cut stake by 0.998% starting August 8, 2019. The stake sale by the promoter is to comply with the minimum public shareholding norms. Promoter and promoter group held 81.20% stake in the company as of June 2019, including Radhakishan Shivkishan Damani who himself directly has 38.41% shareholding.

Read More at Moneycontrol News date : 7 Aug 2019, Wednesday

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