GMM PFAUDLER LTD.
NSE : GMMPFAUDLRBSE : 505255ISIN
CODE : INE541A01023Industry : Engineering - Industrial EquipmentsHouse
: GMM Pfaudler - MNC
BSE1442.008.25 (+0.58 % )
PREV CLOSE (Rs.) 1433.75
OPEN PRICE (Rs.) 1440.40
BID PRICE (QTY) 1442.70 (1 )
OFFER PRICE (QTY) 1444.00 (11 )
VOLUME 1587
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1443.15 9.15 (+0.64 % )
PREV CLOSE(Rs.) 1434.00
OPEN PRICE (Rs.) 1444.00
BID PRICE (QTY) 1441.95 (11 )
OFFER PRICE (QTY) 1443.20 (1 )
VOLUME 25228
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 16-Mar-2024 | GMM Pfaudler informs about disclosure | <p style="text-align: justify;">GMM Pfaudler has informed that it attached letter regarding completion of payment of balance 25% consideration by Patel Family (through Millars Machinery Company) towards acquisition of 1% equity stake in GMM Pfaudler Ltd from Pfaudler Inc.</p><p style="text-align: justify;"><span style="text-align: left;">The above information is a part of company's filings submitted to BSE. </span></p> |
| 23-Feb-2024 | Gmm Pfaudler informs about analyst meet | <div>Gmm Pfaudler has informed that the Company's representatives will be meeting the Analyst/ Institutional Investors as on February 28, 2024.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 14-Dec-2023 | Patel Family acquires 1% stake in GMM Pfaudler | <p style="text-align: justify;">GMM Pfaudler's promoter -- the Patel Family (through Millars Machinery Company) has completed acquisition of 1% equity stake in the company from Pfaudler Inc. (ultimately held by DBAG Fund VI, a private equity fund advised by Deutsche Beteiligungs AG) by way of an off market inter-se transfer between promoters at Rs 1,700 per share with 75% of the consideration being paid upfront and remaining 25% to be paid on or before March 15, 2024. The Patel Family's shareholding now stands at 25.18% and they remain the largest shareholder of the Company.</p><p style="text-align: justify;">GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets.</p><div style="text-align: justify;"><br></div> |
| 14-Dec-2023 | GMM Pfaudler surges after Patel Family acquires 1% stake in the company | <p style="text-align: justify;">GMM Pfaudler is currently trading at Rs. 1492.80, up by 22.75 points or 1.55% from its previous closing of Rs. 1470.05 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1505.00 and has touched a high and low of Rs. 1515.20 and Rs. 1486.80 respectively. So far 22862 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1989.05 on 15-Dec-2022 and a 52 week low of Rs. 1350.00 on 18-Aug-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1515.20 and Rs. 1465.00 respectively. The current market cap of the company is Rs. 6694.36 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 25.18%, while Institutions and Non-Institutions held 39.07% and 35.75% respectively.</p><p style="text-align: justify;">GMM Pfaudler's promoter -- the Patel Family (through Millars Machinery Company) has completed acquisition of 1% equity stake in the company from Pfaudler Inc. (ultimately held by DBAG Fund VI, a private equity fund advised by Deutsche Beteiligungs AG) by way of an off market inter-se transfer between promoters at Rs 1,700 per share with 75% of the consideration being paid upfront and remaining 25% to be paid on or before March 15, 2024. The Patel Family's shareholding now stands at 25.18% and they remain the largest shareholder of the Company.</p><p style="text-align: justify;">GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets.</p><div style="text-align: justify;"><br></div> |
| 13-Dec-2023 | Gmm Pfaudler informs about disclosure | <div>Gmm Pfaudler has informed that it enclosed disclosure on acquisition of 1% stake by Patel Family through inter-se transfer.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 13-Dec-2023 | Gmm Pfaudler informs about press release | <div>Gmm Pfaudler has informed that it enclosed Press Release on Patel Family completes acquisition of 1% stake through inter-se transfer.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 02-Dec-2023 | GMM Pfaudler's arm acquires stake in MixPro | <p style="text-align: justify;">GMM Pfaudler's wholly owned subsidiary -- GMM Pfaudler US Inc., has completed the acquisition of Professional Mixing Equipment Inc. (MixPro) by way of acquisition of 100% share capital of its holding company 2012875 Ontario Inc. on December 1, 2023.</p><p style="text-align: justify;">GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets.</p> |
| 02-Dec-2023 | GMM Pfaudler informs about update on acquisition | <p style="text-align: justify;">Further to its letter bearing Ref. no.: GMM/SEC/2023-24/57 dated October 31, 2023. In this regard, GMM Pfaudler has informed that GMM Pfaudler US Inc., (a wholly owned subsidiary of the Company) has completed the acquisition of Professional Mixing Equipment Inc. (‘MixPro') by way of acquisition of 100% share capital of its holding company 2012875 Ontario Inc. on December 1, 2023.</p><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 15-Sep-2023 | GMM Pfaudler inks pact to acquire 100% stake in MixPro | <p style="text-align: justify;">GMM Pfaudler through its wholly owned subsidiary GMM Pfaudler US Inc., has entered into an agreement on September 14, 2023, to acquire 100% share capital of Professional Mixing Equipment Inc. (MixPro). A total consideration of $7 million will be paid to acquire MixPro and the transaction will be funded through internal accruals and is expected to close by October 2023. MixPro, located in Brampton, Canada designs and manufactures innovative Mixing solutions for a wide range of industrial applications.</p><p style="text-align: justify;">GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets.</p><div style="text-align: justify;"><br></div> |
| 15-Sep-2023 | GMM Pfaudler moves up on inking pact to acquire 100% stake in MixPro | <p class="MsoNormal" style="text-align: justify;">GMM Pfaudler is currently trading at Rs. 1799.65, up by 34.45points or 1.95% from its previous closing of Rs. 1765.20 on the BSE.</p><p class="MsoNormal" style="text-align: justify;">The scrip opened at Rs. 1790.00 and has touched a high andlow of Rs. 1830.00 and Rs. 1789.55 respectively. So far 5874 shares were tradedon the counter.</p><p class="MsoNormal" style="text-align: justify;"><o:p></o:p></p><p class="MsoNormal" style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52week high of Rs. 2189.50 on 07-Nov-2022 and a 52 week low of Rs. 1350.00 on18-Aug-2023.<o:p></o:p></p><p class="MsoNormal" style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1830.00and Rs. 1678.65 respectively. The current market cap of the company is Rs.8069.15 crore.<o:p></o:p></p><p class="MsoNormal" style="text-align: justify;">The promoters holding in the company stood at 38.74%, whileInstitutions and Non-Institutions held 29.59% and 31.67% respectively.<o:p></o:p></p><p class="MsoNormal" style="text-align: justify;">GMM Pfaudler through its wholly owned subsidiary GMMPfaudler US Inc., has entered into an agreement on September 14, 2023, toacquire 100% share capital of Professional Mixing Equipment Inc. (MixPro). Atotal consideration of $7 million will be paid to acquire MixPro and thetransaction will be funded through internal accruals and is expected to closeby October 2023. MixPro, located in Brampton, Canada designs and manufacturesinnovative Mixing solutions for a wide range of industrial applications.<o:p></o:p></p><p class="MsoNormal" style="text-align: justify;">GMM Pfaudler is a leading supplier of engineered equipmentand systems for critical applications in the global chemical and pharmaceuticalmarkets.<o:p></o:p></p> |
