Ganesh Benzoplast under heavy selling pressure, hitting lower circuit, amid divestment of its LST business for 1,100 crore rupees

Mon 12 Oct 2026

Stock move today

5 percent

LST business divestment value

1,100 crore rupees

Heard on business television between 15:50:44 - 15:53:44 IST.

• Stock down 5%, hit lower circuit in seven of the last eight sessions
• Company moving ahead with divestment of LST business including Tanfarm assets at JNPA, Goa and Cochin for 1,100 crore rupees
• Large part of proceeds expected by early next year, balance linked to approvals and commissioning milestones
• Chemicals business has recently shown stronger profitability growth than LST business

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