Founders Offload BlackBuck Shares Worth INR 243 Cr

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SUMMARY

While CEO Yabaji sold 20 Lakh shares for INR 135.3 Cr, COO Hridaya and Balasubramaniam sold eight Lakh shares each for INR 54.11 Cr

The shares that flooded the market were lapped up by TIMF Holdings, Motilal Oswal Financial Services, 360 ONE Asset Management, Citigroup, Goldman Sachs and others

This comes as shares of BlackBuck have surged more than 19% in the past three months, and are up nearly 43% on a YTD basis

BlackBuck’s three cofounders together sold shares worth INR 243.5 Cr in the listed logistics major…



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Founders Offload BlackBuck Shares Worth INR 243 Cr


SUMMARY

While CEO Yabaji sold 20 Lakh shares for INR 135.3 Cr, COO Hridaya and Balasubramaniam sold eight Lakh shares each for INR 54.11 Cr

The shares that flooded the market were lapped up by TIMF Holdings, Motilal Oswal Financial Services, 360 ONE Asset Management, Citigroup, Goldman Sachs and others

This comes as shares of BlackBuck have surged more than 19% in the past three months, and are up nearly 43% on a YTD basis

BlackBuck’s three cofounders together sold shares worth INR 243.5 Cr in the listed logistics major…



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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