India: Blackstone sells 7.5% in fragrance maker SH Kelkar for $52m

India: Blackstone sells 7.5% in fragrance maker SH Kelkar for $52m

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid - RTSDKHE

Global private equity giant Blackstone sold a 7.55 per cent stake in fragrance maker S.H. Kelkar and Company for around Rs 334 crore ($52 million) on Wednesday through an open market transaction.

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