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As per BSE's block deal data, OFI Global China Fund sold 49,112,015 equity shares or 5.11% in ZEEL for ₹204.50 per share. This transaction aggregated to ₹1,004.34 crore.
In October, Invesco sold 5.51% of ZEEL for around ₹1,395.9 crore, paring its shareholding in the Indian broadcaster to 5.65%.
Reports suggested OFI Global China Fund and other funds managed by Invesco's Developing Markets Equity investment team were looking to sell ZEE shares today.