Throughout the fiscal years FY21-23, Cello World undertook no significant changes to its business operations, apart from the acquisition of shares in Wim Plast and the acquisition of business entities by Cello Industries, Cello Household Products, and Unomax Stationery through a slump sale.
Mumbai-based Cello World boasts an extensive product portfolio across three key categories - consumer houseware, writing instruments and stationery, and moulded furniture and related products.
Under the OFS, shares up to Rs 300 crore will be offloaded by Pradeep Ghisulal Rathod, up to Rs 670 crore by Pankaj Ghisulal Rathod, Rs 380 crore by Gaurav Pradeep Rathod.