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GEE Ltd

DecreasedQuarterly

504028Other Electrical EquipmentMarket Cap₹650 Cr

Stake

1.37% → 1.15%

Meru Investments

Foreign Investor

The move

Meru Investments reduced its stake in GEE Ltd from 1.37% to 1.15%, selling 111,106 shares. The value of the remaining shares is ₹6.98 crore, based on GEE Ltd's share price of ₹116.60.

About GEE Ltd

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Incorporated in 1984, GeeCee Ventures operates across real estate development, financial services, and renewable energy sectors. The company develops residential and commercial properties while providing comprehensive financial solutions to customers and businesses. Its diversified portfolio spans multiple industries, enabling it to serve varied market segments and demographics across India with integrated offerings.

About Meru Investments

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Meru Investment Fund PCC is a foreign portfolio investor that is among the more active anchor investors in Indian SME IPOs. It has backed offerings across sectors such as electric equipment, infrastructure, steel, textiles, and chemicals.

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