Bulk deals: Leading Light Fund VCC offloads 1.57% stake in Parsvnath Developers

Larsen & Toubro sold 60 lakh units of TVS Infrastructure Trust at Rs 100.56 per unit, with a total sale value of approximately Rs 60.34 crore.

The following bulk deals took place on both exchanges on July 14.

Parsvnath Developers
Leading Light Fund VCC – The Triumph Fund sold 68.2 lakh shares (1.57 percent) at an average price of Rs 23.17, amounting to a transaction value of approximately Rs 15.81 crore. The stock gained around 25 percent over the last one month. At close on July 14, the stock closed around 2 percent lower at Rs 23.27. Parsvnath Developers is a Delhi-based real estate company engaged in residential, commercial, and township projects across various Indian cities.

TVS Infrastructure Trust
Ambit Wealth Pvt Ltd purchased 57.5 lakh units at an average price of Rs 100.56, a value of around Rs 57.82 crore.  Larsen & Toubro sold 60 lakh units at Rs 100.56 per unit, with a total sale value of approximately Rs 60.34 crore. Ambit Wealth Pvt Ltd also sold 25,000 units at Rs 102, amounting to a transaction value of Rs 25.5 lakh. TVS Infrastructure Trust is a private infrastructure investment trust (InvIT) promoted by the TVS Group. The Trust primarily focuses on infrastructure-related assets, especially in logistics, industrial parks, and warehousing

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