
Mahindra CIE share hits record high on strong volume; zooms nearly 200% in a year
Promoter Mahindra & Mahindra is likely to sell a 3.2% stake in the automotive component supplier via a block deal soon.
Promoter Mahindra & Mahindra is likely to sell a 3.2% stake in the automotive component supplier via a block deal soon.
SVF India Holdings (Cayman)Ltd, a SoftBank arm, sold a 2.07% stake in Paytm between February 10 to May 8, 2023.
Invesco offloaded 5.11% stake in ZEEL at an average price of ₹204.50 apiece, which was acquired by Goldman Sachs Singapore, Morgan Stanley Asia Singapore, and Segantii India Mauritius.
The government, which owns 89.97% stake in HAL, will sell 3.5% equity shares in the aerospace company at a floor price of ₹2,450 apiece.
The floor price for the OFS has been fixed at ₹2,450 per share, a discount of 6.7% to Wednesday’s closing price.
GQG has acquired 3.4% stake in Adani Enterprises, 4.1% in Adani Ports, 2.5% in Adani Transmission, and 3.5% in Adani Green Energy.
SoftBank, through SVF Doorbell (Cayman), is looking to sell its stake worth ₹600 crore in Delhivery via a block deal.
Pfaudler Inc, a promoter of GMM Pfaudler, was reportedly looking to offload a 29.88% stake in the company at a floor price of ₹1,700.
The investors and the bank will engage with the RBI to seek an early resolution of the conditions to procure the final approval on this matter.
Shares of Punjab National Bank hit a 52-week high after the government approved the divestment of its entire stake in UTI Asset Management Company.