Godrej Consumer Products Ltd (GCPL) through its subsidiary, has increased its stake from 90% to 95% in Godrej West Africa Holdings Ltd Mauritius and Darling Trading Company Ltd., Mauritius.
Godrej West Africa Holdings Ltd. (GWAHL) fully owning Subinite pty Ltd., South Africa, Weave Mozambique LTDA., Mozambique and Weave IP Holdings Mauritius Ltd., Mauritius. GWAHL is an investment holding company. It was incorporated on 11th February, 2014 in Mauritius. It holds 100% stake in Subinite Pty Ltd., South Africa, and Weave Mozambique LTDA., Mozambique, both of which are in the ethnic hair care business. GWAHL also holds 100% stake in Weave IP Holdings Mauritius Ltd.
Darling Trading Company Ltd. (DTCL), Mauritius fully owning Godrej Consumer Products International FZCO, Dubai. DTCL is an Investment holding company. It was incorporated on 22nd January, 2015 in Mauritius. It holds 100% stake in Godrej Consumer Products International FZCO, Dubai, which is in Hair fibres business.
Shares of GODREJ CONSUMER PRODUCTS LTD. was last trading in BSE at Rs.654.3 as compared to the previous close of Rs. 649.05. The total number of shares traded during the day was 38183 in over 1299 trades.
The stock hit an intraday high of Rs. 667.5 and intraday low of 647.1. The net turnover during the day was Rs. 25075103.