SBI Mutual Fund Sells INR 108 Cr Worth Nazara Shares In Block Deal

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SUMMARY

Nazara Technologies saw a large secondary transaction on December 29, with SBI Mutual Fund selling 45.09 Lakh shares through a block deal on the exchanges

The shares were offloaded at an average price of INR 240.18 per share, valuing the transaction at around INR 108.3 Cr, per NSE data

Earlier this year, Norges Bank, which manages Norway’s sovereign wealth fund, entered Nazara’s cap table for the first time by buying 7.19 Lakh shares worth nearly INR 70 Cr via bulk…



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SBI Mutual Fund Sells INR 108 Cr Worth Nazara Shares In Block Deal


SUMMARY

Nazara Technologies saw a large secondary transaction on December 29, with SBI Mutual Fund selling 45.09 Lakh shares through a block deal on the exchanges

The shares were offloaded at an average price of INR 240.18 per share, valuing the transaction at around INR 108.3 Cr, per NSE data

Earlier this year, Norges Bank, which manages Norway’s sovereign wealth fund, entered Nazara’s cap table for the first time by buying 7.19 Lakh shares worth nearly INR 70 Cr via bulk…



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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