Voltas is currently trading at Rs. 116.45, up by 0.55 points or 0.47% from its previous closing of Rs. 115.90 on the BSE.
The promoters holding in the company stood
at 30.15% while Institutions and Non-Institutions held 49.15% and 20.70%
respectively.
Voltas, country’s leading
residential air-conditioner maker, has transferred its entire 34%
shareholding comprising 50,000 equity shares of Rs 10 each in Voltas
Material Handling for a consideration of Rs 58 crore on November
02, 2012.
The company has transferred its stake in
favour of Linde Material Handling Asia Pacific, Singapore, an affiliate
of KION Group, Germany, an existing shareholder with balance 66%
shareholding in VMH.
The company offers engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, materials handling equipment, water management & treatment, cold chain solutions and indoor air quality. [Via]
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