Bulk Deals: Asian Paints block deal worth Rs 7,700 crore stands out as ICICI Prudential MF buys stake

Bulk Deals: Asian Paints block deal worth Rs 7,700 crore stands out as ICICI Prudential MF buys stake

On June 16, the following bulk and block deals took place on both exchanges:

Block deals

Asian Paints
ICICI Prudential Mutual Fund bought 85 lakh shares (0.89 percent) of Asian Paints at Rs 2,207 per share. The seller was Siddhant Commercials Private Limited. This comes after last week where Reliance Industries in an NSE filing had noted that around 3.5 crore equity shares of Asian Paints, held by Reliance Industries, through Siddhant Commercials were sold in the block deal. The transaction size was Rs 7,703 crore.

Solara Active Pharma Sciences
Pronomz Ventures LLP bought 20 lakh shares (4.52 percent) of Solara Active Pharma at Rs 495 per share. The seller was Spiracca Ventures LLP.

Bulk deals

Sacheerome Limited

Sacheerome witnessed a flurry of bulk buying from multiple investors. Sachin Vilas Randive acquired 1.13 lakh shares (0.50 percent of the total stake) at a weighted average price of Rs 153.38, while Jinendra Kumar Jain bought 1.32 lakh shares (0.59 percent) at Rs 152.30. Chartered Finance & Leasing Limited emerged as the largest buyer, picking up 2 lakh shares (0.90 percent) at a lower price of Rs 145.35. Cinco Stock Vision LLP, purchased 1.5 lakh shares (0.67 percent) at Rs 153.

Ugro Capital 

In Ugro Capital’s rights entitlement, Zodiac Wealth Advisors LLP purchased 2.07 lakh shares at Rs 6.22 apiece. Meanwhile, Go Digit General Insurance Ltd offloaded 3.78 lakh shares at Rs 6.09

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