The News Scroll 06 January 2021
Last Updated at 8:15 pm | Source: PTI
CN Infrabuild sells shares worth over Rs 276 cr in PNC Infratech Outlook January 06, 2021 20:15 IST CN Infrabuild sells shares worth over Rs 276 cr in PNC Infratech outlookindia.com 1970-01-01T05:30:00+0530
New Delhi, Jan 6 (PTI) CN Infrabuild Pvt Ltd on Wednesday sold shares of PNC Infratech worth over Rs 276 crore through an open market transaction. On the BSE, the entity sold 1.57 crore shares of PNC Infratech at an average price of Rs 175 apiece. The total deal value stood at Rs 276.39 crore. The scrips were bought by several entities at same price through separate transactions.
CN Infrabuild sells shares worth over Rs 276 crore in PNC Infratech
On the BSE, the entity sold 1.57 crore shares of PNC Infratech at an average price of Rs 175 apiece. PTI
Representative image.
CN Infrabuild Pvt Ltd on Wednesday sold shares of PNC Infratech worth over Rs 276 crore through an open market transaction. On the BSE, the entity sold 1.57 crore shares of PNC Infratech at an average price of Rs 175 apiece.
The total deal value stood at Rs 276.39 crore. The scrips were bought by several entities at same price through separate transactions.
Axis Mutual Fund picked up 22 lakh shares, Max Life Insurance Company 12.75 lakh scrips, PCA India Infrastructure Equity Open 8.18 lakh shares, Nomura Singapore 7.5 lakh shares, and Goldman Sachs Investments (Mauritius) I bought 7.5 lakh shares, block deal data showed. Aurigin Master Fund got 5.75 lakh scrips, BNP Paribas Arbitrage 20.8 lakh shares and Nipon India Mutual Fund bought 25 l
Anupam Misra.
Note: This deal will not be classified as an M&A transaction for the purposes of our league table since it involves transfers of stakes of less than 25% and no change of control.
2020-12-09
Deal value: Approx INR 42.6 Billion/ USD 584 Million
This deal report is based on a firm s press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.
Click here if you are working with a law firm that has not been credited for this deal, and we will update the report promptly.
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