Promoter to sell shares of Avenue Supermarts Ltd

The Promoter of Avenue Supermarts Ltd Mr.Radhakishan Shivkishan Damani has announced the sale of equity shares of Company in the Open Market for achieving Minimum Public Shareholding.

He will sell Up to 1% of the total paid up equity share capital of the Company aggregating to 6,240,844 shares.

The shares will be sold during the period beginning from May 21, 2018 to June 14 2018 or the actual date of completion of sale of all equity shares, as mentioned above whichever is earlier.

Shares of Avenue Supermarts Ltd was last trading in BSE at Rs.1495.15 as compared to the previous close of Rs. 1496.05. The total number of shares traded during the day was 42899 in over 2458 trades.

The stock hit an intraday high of Rs. 1512.35 and intraday low of 1488. The net turnover during the day was Rs. 64265609.

Source : Equity Bulls

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