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    • Not averse to sell minority stake in Brazil: Shree Renuka

      Not averse to sell minority stake in Brazil: Shree Renuka

      Rumours doing the rounds are the potential stake sale of Shree Renuka Sugars' wholly-owned unit Renuka Brasil Holdings. However, the MD Narendra Murkumbi declined to comment on the rumours, saying Brazil is at present witnessing a lot of consolidation.

    • Shree Renuka in talks with several PE cos to sell 25% stake

      Shree Renuka in talks with several PE cos to sell 25% stake

      Shree Renuka Sugars is in talks with several PE companies to sell its 25% stake, to retire debt in its wholly owned company Renuka Brasil holdings, reports The Economic Times. It touched an intraday high of Rs 62.40 and an intraday low of Rs 60. At 09:28 hrs the share was quoting at Rs 61.85, up Rs 2.75, or 4.65%.

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