GSPL shares: Mirae Asset Mutual Fund held 4,83,53,196 shares, or 8.57 per cent, stake in GSPL at the end of March quarter. It further cut its stake to 4,65,69,163 shares or 8.25 per cent, before selling further GSPL shares.
GSPL shares plunged 20% to Rs 302 as PNGRB slashed tariffs for its high-pressure network by 47% to Rs 18.1/mmbtu from Rs 34.0/mmbtu, contrary to GSPL s requested revision to Rs 50.77/mmbtu.