 "Simplex Projects gains on plans to sell stake in arm")
Accordingly, 16,31,400 shares comprising 51.21% stake in the wholly-owned subsidiary have been sold on March 31, 2015 in compliance with the provisions of the Companies Act, 2013 read with SEBI (LODR) Regulations, 2015, the company said in a release.
The stock opened at Rs 26 and touched a high of Rs 27. At 11:30am, over 25,000 shares were traded on both the stock exchanges.
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