Promoters Inox Wind Energy and Devansh Trademart have sold 4.5% and 2.8% stake each in Inox Wind through block deals at a weighted average price of Rs 208 a piece.
Through the sale, Inox Wind Energy has garnered Rs 304 crore.
Inox Wind Energy has 54.7% stake in the company, while Devansh Trademart held about 7.06%, at the end of June quarter.
Meanwhile, a number of foreign and domestic funds, including ICICI Pru MF, Nippon India MF, ITI MF, Bandhan MF, Societe Generale, BNP Paribas, Ampersand growth Opportunities Fund among others bought stakes in the company.
360 One Wam
Foreign investor General Atlantic Singapore has nearly sold its entire stake in 360 one Wam through the block deals.
According to bulk deals data available with the exchanges, General Atlantic has offloaded 1.14% stake at Rs 500 per share. It had held 1.16% stake in the company, as of June quarter.Marquee funds including Goldman Sachs, HSBC, ICICI Pru MF, Franklin Templeton MF, New York State Retirement System among others have bought stakes in the company through the deal.
Lighthouse India fund has sold its partial stake in Bikaji Foods via block deals. The fund has offloaded 35 lakh shares of 1.4% stake in the company at Rs 480 apiece.
It had about a 2.7% stake in the company, as of June. Prominent domestic funds Tata AIA Life, ICICI Pru Life and foreign investors Morgan Stanley, Kotak Mahindra AMC (Singapore) among others bought the stake in the company.
PHI Capital Trust, which held 4.96% in Minda Corp, sold 4.3% stake in the company through block deals on Tuesday. The transaction was done at Rs 280 per share. Societe Generale and ICICI Pru MF have picked up stakes through the deal