Mohansingh Laxmansingh Parmar, a promoter, sold 17,18,500 shares of GSM Foils for ₹33.85 Cr at ₹197.00 apiece, decreasing their stake from 34.83% to 22.64%.
A manufacturer of specialized packaging materials for the pharmaceutical industry, GSM Foils produces blister foils and aluminium pharma foils used in drug packaging and protection. Incorporated in 2019, the company serves pharmaceutical manufacturers across India with high-quality barrier packaging solutions designed to meet regulatory standards. Its focus on pharmaceutical-grade foil manufacturing and commitment to product quality distinguishes it within the competitive packaging sector.
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