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As on June 30, 2022, Khanna held 48,69,474 equity shares or 3.27 per cent stake in the company. His name was missing from the list of major shareholders at the end of March 2022 quarter. This is the first time that an investor from Chennai has entered the counter.
Listed companies are bound to issue the names of shareholders holding one percent or more stake in the company on a quarterly basis.
Shares of Chennai Petrochem have climbed up to 170 per cent in the year 2022 so far. The stock gained up to 150 per cent during the just-concluded quarter. However, the stock is down more than 35 per cent from its 52-week high.
Established in 1965, Chennai Petroleum Corporation is a subsidiary of Government Oil Company.
Which is owned by the Ministry of Petroleum and Natural Gas.
Further, the data shows that Khanna sold more than 2.34 lakh equity shares of fertilizers to reduce his stake to 1.46 per cent in the first quarter. However, she persisted during this period.
According to Trendline, as per the latest corporate shareholdings filed so far, Dolly Khanna has 27 stocks in the public domain with a net worth of over Rs 649.6 crore.
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