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Eureka Forbes block deal: As many as 1.79 crore shares or 9.3 percent equity of Eureka Forbes worth Rs 975 crore changed hands in a block deal window on February 22.
Get latest articles and stories on Latest News at LatestLY. Lunolux Ltd, promoter of Eureka Forbes, on Thursday divested a 10 per cent stake in the home appliances company for Rs 979 crore through an open market transaction. Latest News | Promoter Entity Lunolux Sells 10 Pc Stake in Eureka Forbes for Rs 979 Cr.
Lunolux, backed by private equity major Advent International, held 72.56% stake in Eureka Forbes as of December 2023
A short build-up was seen in 72 stocks including Ashok Leyland, Aditya Birla Fashion & Retail, L&T Technology Services, Ramco Cements, and NMDC.