BlackBuck’s CEO offloads shares worth Rs 135 Cr

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BlackBuck’s chairman and CEO Rajesh Kumar Naidu Yabaji has trimmed a portion of his stake in the logistics marketplace through a Rs 135 crore bulk deal on Tuesday. 

Yabaji, one of the company’s promoters, offloaded 20 lakh shares at Rs 676.4 per share, marking a sale of 9.37% of his holding.

Before the transaction, Yabaji held 2.13 crore shares, representing 11.81% of BlackBuck’s total equity base of 18.07 crore shares. Post-sale, his stake has reduced to 1.93 crore shares, or 10.7%.

Among the buyers, Discovery Global Opportunity Mauritius…



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BlackBuck’s CEO offloads shares worth Rs 135 Cr


BlackBuck’s chairman and CEO Rajesh Kumar Naidu Yabaji has trimmed a portion of his stake in the logistics marketplace through a Rs 135 crore bulk deal on Tuesday. 

Yabaji, one of the company’s promoters, offloaded 20 lakh shares at Rs 676.4 per share, marking a sale of 9.37% of his holding.

Before the transaction, Yabaji held 2.13 crore shares, representing 11.81% of BlackBuck’s total equity base of 18.07 crore shares. Post-sale, his stake has reduced to 1.93 crore shares, or 10.7%.

Among the buyers, Discovery Global Opportunity Mauritius…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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