3 global funds sell 7.8% stake in Five-Star Business for Rs 1,656 crore via open market

3 global funds sell 7.8% stake in Five-Star Business for Rs 1,656 crore via open market

MUMBAI – Three global funds namely Peak XV Partners (formerly Sequoia Capital), TPG Asia and Matrix Partners have sold partial stakes in Five-Star Business Finance, aggregating up to Rs 1,656 crore through bulk deals on Friday. TPG Capital, through one of its affiliates TPG Asia Vii Sf Pte, sold 89,07,493 shares of Five-Star Business or … Read more

Ace investor Ashish Kacholia sells part stake in SJS Enterprises for Rs 12 crore

Ace investor Ashish Kacholia sells part stake in SJS Enterprises for Rs 12 crore

Marquee investor Ashish Kacholia sold part of his stake in aesthetic solutions provider SJS Enterprises for Rs 11.6 crore through the open market on Friday. Kacholia sold 1,80,489 shares of the company, or 0.6% stake, at Rs 640.01 apiece, bulk deals data on the National Stock Exchange showed. He sold the shares at a premium … Read more

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

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

Warburg Pincus sells 6.2% stake in Kalyan Jewellers for Rs 724 cr; Franklin Templeton, Nomura emerge buyers

Warburg Pincus sells 6.2% stake in Kalyan Jewellers for Rs 724 cr; Franklin Templeton, Nomura emerge buyers

Highdell Investment, owned by private equity firm Warburg Pincus, has sold partial stake in Kalyan Jewellers through open market transactions on Friday. According to bulk deals data available with the exchanges, Warburg Pincus has offloaded 6.4 crore shares or 6.22% stake in the company at a price of Rs 113 apiece. Through the stake sale, … Read more

ICICI Pru MF picks up 4.6% stake in Sagar Cements in bulk deal

ICICI Pru MF picks up 4.6% stake in Sagar Cements in bulk deal

Domestic PGIM India Mutual Fund has sold its stake in Sagar Cement, while ICICI Pru Mutual Fund bought its shares through a block deal on Tuesday. According to the bulk deal data available with the exchanges, PGIM India MF has sold about 60.3 lakh shares or 4.6% stake in the company, while ICICI Pru MF … Read more

Shibulal again buys Infosys shares worth Rs 100 cr

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NEW DELHI: co-founder S D Shibulal on Thursday picked shares worth Rs 100 crore of the firm through an open market transaction. Shibulal purchased more than 7.22 lakh scrips at an average price of Rs 1,384 per share, BSE block deal data showed. The total transaction value stood at Rs 100 crore. As per a … Read more