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This gains signficance as Clarios ARBL Holdings sold its entire stake in the battery maker through bulk deals on July 18. It offloaded 2.4 crore shares or about 14 percent stake in the company.
According to bulk deal data available with the exchanges, Clarios ARBL has offloaded about 2.39 crore shares in the company at a price of Rs 652.9. According to latest shareholding data, the company is majority owned by public shareholders at 71.94% stake, while promoters own the rest 28.06%.