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Governor launches housing project

Governor launches housing project
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V Guard promoter Chittilappilly sells 50 lakh shares to fund social cause

V Guard promoter Chittilappilly sells 50 lakh shares to fund social cause
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Mr. Kochouseph Chittilappilly has sold 50 lakh shares of V-Guard Industries Limited

Mr. Kochouseph Chittilappilly has sold 50 lakh shares of V-Guard Industries Limited
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V-Guard Industries promoter Chittilappilly sells 40 lakh shares

V-Guard Industries promoter Chittilappilly sells 40 lakh shares
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V-Guard Industries: V-Guard Industries promoter Chittilappilly sells shares worth Rs 90 crore to fund social causes


Synopsis
As per Chittilappilly, the K Chittilappilly Foundation (KCF) was formed to undertake charitable and philanthropic activities and had decided to execute a signature project named "Chittilappilly Square (CS).
Based on the weighted average price of V-Guard Industries' at Rs 225.15 per equity share on February 17, 2021, sale of 40 lakh shares is estimated at Rs 90 crore.
NEW DELHI: Electrical appliances manufacturer V-Guard Industries promoter and chairman emeritus Kochouseph Chittilappilly has sold 40 lakh shares in the company worth Rs 90 crore to fund social causes. "The sale of 40 lakh shares of V-Guard lndustries Ltd executed on February 17, 2021 was to raise funds for two initiatives I have undertaken as part of my commitment to social causes," Chittilappilly said in a regulatory filing.

Kochouseph-chittilappilly , K-chittilappilly-foundation , V-guard-industries , V-guard-industrie , Stake-sale , Nbfc , V-guard-industries-ltd , V-guard-industries-shares , வ்-காவலர்-தொழில்கள் , வ்-காவலர்-தொழில் , பங்கு-விற்பனை