Shareholder to Sell 6.32% Stake in Privi Speciality Chemicals

A shareholder of Privi Speciality Chemicals Ltd is planning to sell a big part of their shares, which is about 6.32% of the company.

This sale is expected to be worth ₹700 crore.

The price for each share in this sale will be between ₹2,835 and ₹2,850, which is cheaper than the current market price.

Earlier this year, some of the company's promoters also sold a smaller part of their shares.

The company's shares went up in value on December 30.

This news is about people selling parts of a company to make money, and it shows that the company's shares are valuable.