KPR Mill Promoters Plan to Sell Stake via Block Deals

KPR Mill, an apparel company, is going to sell some of its shares.

The people who own the company are selling up to 3.2% of their shares in a deal that could bring in about ₹1,195.6 crore.

The price per share is set at ₹1,107, which is a discount compared to how much the shares are currently worth.

In the last three months, the company made more money than last year, but their profit was a little lower.

KPR Mill makes clothes and sells them, and is considered one of the fastest-growing businesses in India.