HomeNewsBusinessMarketsPromoter sells 1.18% stake in Gujarat Fluorochem for Rs 460 crore; Pitti Engineering sees share exchange worth Rs 102 crore

Promoter sells 1.18% stake in Gujarat Fluorochem for Rs 460 crore; Pitti Engineering sees share exchange worth Rs 102 crore

SBI Mutual Fund acquired 10.73 lakh shares in Pitti Engineering for Rs 101.99 crore.

September 17, 2025 / 22:30 IST
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Bulk deals on September 17
Bulk deals on September 17

Promoter Devansh Trademart has offloaded 1.18 percent shareholding in Gujarat Fluorochemicals via open market transaction on September 17, while Pitti Engineering saw a share exchange worth Rs 102 crore.

Gujarat Fluorochemicals shares saw strong recovery after opening lower and closed just 0.14 percent down at Rs 3,690.6 with above-average volumes.

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Devansh Trademart LLP sold 13 lakh shares (1.18 percent stake) in the fluoropolymers, fluorospecialities, refrigerants and chemicals maker at Rs 3,539.3 per share, valuing at Rs 460.1 crore.

Meanwhile, Motilal Oswal Mutual Fund offloaded 10.74 lakh shares (2.85 percent stake) in Pitti Engineering at Rs 950.1 per share, amounting to Rs 102.06 crore. However, SBI Mutual Fund acquired 10.73 lakh shares at same price for Rs 101.99 crore. The stock price finished at Rs 959.2, up 0.05 percent.