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On April 28, 2017 Trilochan Corporate Services sold 14,05,253 shares of Gyscoal Alloys at Rs 10.11 on the NSE.
Gyscoal Alloys has subscribed to 26 per cent shares of Goldman Hotels and Resorts Private Ltd, which was incorporated on November 4, at ₹26,000 a share. Goldman Hotels is a special purpose vehicle company formed for development, management and operation of Taj Mahal Palace, Bhopal, into a heritage hotel. The acquisition will not fall within the ambit of related-party transactions. Shares of Gyscoal Alloys closed at ₹9.
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