GMM Pfaudler shares remained under-pressure, hitting a lower circuit of 10 percent today, after promoters said they will sell nearly 26 lakh shares worth Rs 1,433 crore at a nearly 30 percent discount (Rs 3,500) to yesterday’s market price.

GMM Pfaudler offer for sale at Rs 3,500

GMM Pfaudler share price hits 10% lower circuit after promoters’ steep-discount offer-for-sale

Promoters stake sale at huge discount sinks GMM Pfaudler shares

GMM Pfaudler slips 10% after fixing OFS floor price at discount

GMM Pfaudler shares hit 10% lower circuit post OFS announcement