April 24, 2024

Citibank offered Rs 9.99 crore price of stake in Grasim Industries.

Citibank NA offered 2.87 lakh shares in Grasim Industries by way of bulk offers on January 17, offloading Rs 9.99 crore price of stake within the textiles and chemical compounds firm.

The sale occurred at a mean value of Rs 347.3 per share. Citibank held 3.91 % stake in Grasim Industries as per shareholding sample until September 2023.

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Grasim Industries inventory fell 2.09 % to Rs 2,070.9.

In the meantime, FPI Cresta Fund pared their stake in Jindal Noticed, and offered 0.56 % or 18 lakh shares at Rs 519 per share. Cresta Fund beforehand owned 1.43 % stake till December 2023 and the stake sale was price Rs 93.42 crore.

Pricol noticed a number of exercise because it gained 3.35 % to Rs 380.5. Minda Company offloaded 15.69 % stake in Pricol by way of two block offers within the exchanges. Complete worth of Minda’s sale was Rs 657.04 crore.

Pricol’s shares noticed big shopping for curiosity as Goldman Sachs India, Aditya Birla Solar Life Insurance coverage, ICICI Prudential Mutual Fund, Tata Mutual Fund, Trustee of Nomura India Inventory Mom Fund, Constancy India Centered Fund and Staff Provident Fund picked up stake.

The shares had been exchanged at a mean value of Rs 343.5, whereas Minda offered the second block at a mean value of Rs 345.98.

In Tourism Finance Company, resident investor Alpana Mundra and NRI investor Vivek Mundra diminished their stake within the firm. Alpana Mundra offered 7.69 lakh shares at a mean value of Rs 169.32. Vivek Mundra offloaded 9.34 lakh shares at Rs 172 per share.

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Tourism Finance Company’s shares fell 4.62 % to Rs 170.15.