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HomeNewsBusinessMarketsApollo Hospitals: Promoter Suneetha Reddy sells 1.3% stake for Rs 1,489 crore

Apollo Hospitals: Promoter Suneetha Reddy sells 1.3% stake for Rs 1,489 crore

Morgan Stanley, Goldman Sachs, Societe Generale, T Rowe Price, Abu Dhabi Investment Authority, Viridian Asia Opportunities Master Fund, BNP Paribas Financial Markets, and Copthall Mauritius Investment were among the buyers.

August 22, 2025 / 20:53 IST
Bulk Deals on August 22

Bulk Deals on August 22

 
 
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Promoter Suneetha Reddy has offloaded 1.3 percent stake in healthcare services provider Apollo Hospitals Enterprise, a part of Nifty 50 index, for Rs 1,489.3 crore via open market transaction on August 22.

The stock almost finished flat at Rs 7,922.5 on the NSE, down by just 0.05 percent.

Suneetha Reddy has sold 18.97 lakh shares in the company at Rs 7,850 per share via block deals.

Several domestic and foreign institutional investors including Morgan Stanley, Goldman Sachs, Societe Generale, T Rowe Price, Abu Dhabi Investment Authority, Viridian Asia Opportunities Master Fund, BNP Paribas Financial Markets, Copthall Mauritius Investment, Fidelity Funds, Ghisallo Master Fund, Invesco Mutual Fund, Kotak Mahindra Life Insurance Company, Morningstar Funds Trust, Axis Mutual Fund, and Tata Mutual Fund were buyers for all these shares offloaded by the promoter in Apollo Hospitals Enterprise, the bulk and block deals data on the exchanges showed.

Consolidated Construction Consortium shares were locked in 20 percent upper circuit amid significantly higher volumes and recouped several weeks of losses in a single session, closing at Rs 17.88.

Banyan Capital Advisors LLP through its Yield Plus portfolio bought 53.45 lakh shares (1.19 percent stake) in the company at Rs 14 per share, however, EIF-Coinvest III (which is managed by European Investment Fund) sold 55.6 lakh shares (1.24 percent stake) at Rs 14.05 per share.

As of June 2025, EIF-Coinvest III had held 1.6 percent stake in Consolidated Construction Consortium, the construction engineering company.

GOCL Corporation shares gained 2.23 percent to finish at Rs 397.25, extending upward journey for fourth consecutive session despite promoter Hinduja Capital selling 24.78 lakh shares (4.99 percent stake) in the company. Promoter held 72.82 percent shareholding as of June 2025.

Hinduja Capital sold 16.78 lakh shares at Rs 387.60 per share, and 8 lakh shares at Rs 389.58 per share, however, Legends Global Opportunities (Singapore) bought 8.78 lakh shares at Rs 386 per share.

Oswal Agro Mills shares saw buying interest on Friday, rising 3.19 percent to Rs 79.19 amid huge volumes. Promoter group entity Oswal Greentech bought additional 4.99 percent stake (66.99 lakh shares) in the company at Rs 76 per share, from its investors.

However, investor TUSHAR Holdings exited Oswal Agro Mills by selling its entire 33,28,218 shares at same price, and other investor Alliance Techno Projects sold 33,70,782 shares at same price. As of June 2025, Alliance Techno was holding 6.48 percent stake (86,99,471 shares) in the company.

Moneycontrol News
first published: Aug 22, 2025 08:53 pm

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