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HomeNewsBusinessMarketsBulk deals: Alibaba-backed Antfin offloads 1.46% stake worth Rs 4,097 crore in Eternal

Bulk deals: Alibaba-backed Antfin offloads 1.46% stake worth Rs 4,097 crore in Eternal

Despite such a big transaction, Eternal shares closed the session higher at Rs 301.75, up nearly a percent amid higher volumes.

August 07, 2025 / 20:58 IST
Bulk deals on August 7
     
     
    26 Aug, 2025 12:21
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    Alibaba-backed Antfin Singapore Holding Pte has sold 1.46 percent stake in Eternal, the parent firm of Zomato, the food delivery giant, via open market transactions on August 7.

    Antfin offloaded 14.13 crore equity shares of Eternal, the bulk deals available on the exchanges showed.

    These shares were sold at Rs 289.91 per share on the NSE, valued at Rs 4,096.7 crore. Antifin had held 1.95 percent stake in Eternal as of June 2025.

    Despite such a big transaction, Eternal shares closed the session higher at Rs 301.75, up nearly a percent amid higher volumes.

    Further, Kotak Mahindra Bank was also in focus on Thursday. Oppenheimer Funds Inc through its Oppenheimer Developing Markets Fund sold 1.03 crore shares (or 0.52 percent stake) in the bank at Rs 1,965.2 per share, valued at Rs 2,035.4 crore.

    Kotak Bank shares finished the session at Rs 1,992.1, down half a percent compared to previous day, trading well below all its key moving averages.

    Zinka Logistics Solutions corrected sharply in today's trade, falling 7.88 percent to Rs 517.05, after a day of 15.66 percent rally. Ithan Creek Master Investors (Cayman) LPF sold 9.9 lakh shares (or 0.55 percent stake) at Rs 540.54 per share, amounting to Rs 53.67 crore.

    As of June 2025, Ithan Creek Master Investors was holding 1.3 percent stake in Zinka, a technology-driven logistics company operating under the brand name BlackBuck.

    Moneycontrol News
    first published: Aug 7, 2025 08:57 pm

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