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Burmans sell 1% stake in Dabur

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New Delhi, December 20

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Home-grown FMCG major Dabur India on Tuesday said its promoters — the Burman family — have sold shares amounting to about 1% stake in the company through the open market to raise funds for financing some ventures.

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One per cent of the total shares amount to 1.77 crore shares. Based on Tuesday’s closing price, Burmans may have raised around Rs 1,026 crore.

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