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Rs 417.9-crore block deals in Godrej companies
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Godrej Seeds & Genetics, part of the Godrej Industries Group, acquired shares worth ₹417.9 crore in Godrej Consumer Products on Thursday through bulk deals. According to BSE data, Godrej Seeds bought 30.56 lakh shares at ₹1,367.05 apiece.
Three trusts belonging to the Godrej Enterprises Group (GEG) — BNG Successor Trust, HNG Family Trust, and SNG Successor Trust — sold shares worth ₹101.84 crore, ₹136.7 crore, and ₹179.35 crore, respectively.
These transactions are part of a business realignment initiated in April.
Under the Godrej family restructuring plan, the conglomerate was split into two entities.
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