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HomeNewsBusinessMarketsBulk Deals | TPG Dodla Dairy Holdings offloads 6.7% stake in Dodla Dairy, promoter sells 2% in Route Mobile
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Bulk Deals | TPG Dodla Dairy Holdings offloads 6.7% stake in Dodla Dairy, promoter sells 2% in Route Mobile

On other side, there were four buyers in Dodla Dairy including Ashoka India Equity Investment Trust Plc, Plutus Wealth Management LLP, and Steinberg India Emerging Opportunities Fund.

September 01, 2022 / 23:00 IST
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Investor TPG Dodla Dairy Holdings Pte Ltd has offloaded 6.7 percent equity stake in Dodla Dairy via open market transactions on September 1, while Route Mobile's promoter sold 2 percent shareholding in the cloud communications company on the same day.

TPG Dodla Dairy Holdings Pte Ltd has sold 40 lakh equity shares at an average price of Rs 509 per share, as per the data available with exchanges. TPG held 9.8 percent stake in the company as of June 2022.

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On other side, there were four buyers in Dodla Dairy. Ashoka India Equity Investment Trust Plc acquired 5,10,300 equity shares, India Acorn Fund bought 3.22 lakh shares, Plutus Wealth Management LLP, and Steinberg India Emerging Opportunities Fund purchased 14,99,999 shares in the company. These shares were also bought at an average price of Rs 509 per share. The stock was up 6.65 percent at Rs 547.

Among other bulk deals, promoter Sunita Sandip Gupta offloaded 6.75 lakh shares in Route Mobile at an average price of Rs 1,432.7 per share on the NSE, and sold another 6.25 lakh shares at an average price of Rs 1,431.09 per share on the BSE. The stock reacted negatively to the news, falling 3.4 percent to Rs 1,465.55.