Avantha Holdings

In an interview to CNBC-TV18, B Hariharan, Group CFO of Avantha, discusses on the deal and the company‘s plans ahead.

Crompton falls 8%, promoter sells stake in consumer biz

Shares of Crompton Greaves dropped nearly 8 percent intraday Friday after its promoter Avantha Holdings decided to sell entire stake in demerged consumer electricals business of the company.

Initial Crompton deal value seems on lower side:P Lilladher

Kunal Sheth, analyst, Prabhudas Lilladher says the initial deal value seems to be on the lower side. However, he adds that the company can be re-rated once the consumer business gets demerged.

Avantha to sell entire stake in CGCEL to Advent Intl

Crompton Greaves today said its promoter Avantha Holdings has proposed to sell entire stake in demerged consumer electricals business.

Avantha Holdings to sell 4.2 cr Crompton Greaves shares

Avantha Holdings has decided to sell 4.2 crore shares in Crompton Greaves via a block deal at Rs 198-204 per share. Goldman Sachs is the sole banker to the Avantha Holdings-Crompton deal.

Avantha divestment in Crompton Greaves a positive: Antique

Dhirendra Tiwari of Antique Broking is bullish on the company's outlook and expects the Avantha divestment to aid the liquidity situation of the company.

Avantha Holdings pledges 1.19% stake in BILT

Ballarpur Industries (BILT) today said its promoter group firm Avantha Holdings has pledged 78 lakh shares agregating to 1.19% stake in the company.