- 09:02 AM Nifty likely to move towards 5180: Dipan Mehta
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- 08:45 AM Rupee likely to be strong today: Ssharad D Pawaar
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- 08:28 AM Ganeshaspeaks: Market prediction for Nov 26
CNBC-TV18 has learnt from sources that Pyramid Saimira's MD, PS Saminathan will buy 10% in the company from Nirmal Kotecha. Sources added that the promoter will seek Sebi exemption against open offer post stake buy.
Nirmal Kotecha held 30% stake in Pyramid Saimira. PS Saminathan will hold 32.26% stake in the company post stake buy. Nirmal Kotecha's stake will come down to 14.89% in Pyramid Saimira.
CNBC-TV18 Disclaimer
This information is source-based and has not been provided to the stock-exchanges.
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