bulk deal update

IndiGo’s Gangwal family offloads 2.9% stake in Rs 2,800 crore deal

by
IndiGo’s Gangwal family offloads 2.9% stake in Rs 2,800 crore deal

The family of IndiGo co-founder Rakesh Gangwal has sold partial stake in the budget carrier through bulk deals on Wednesday. Sobha Gangwal, wife of Rakesh Gangwal, has offloaded 1.15 crore shares or 2.99% stake in the company at a weighted average price of Rs 2,426, which is about 5% discount from Monday’s close. Through the … Read more

TPG Investments exits Shriram Finance; offloads 99.18 lakh shares for Rs 1,389 crore

by
TPG Investments exits Shriram Finance; offloads 99.18 lakh shares for Rs 1,389 crore

Private equity firm TPG Investments has sold its entire stake in Shriram Finance through its India arm via open market transactions on Monday. According to bulk deal data available with the exchanges, TPG India Investments has offloaded about 99.18 lakh shares or 2.64% stake in the company. The transaction was done at a weighted average … Read more