Goldman Sachs sells 0.1% stake in Kaynes Technology for Rs 44 crore

Bulk deals on November 10

Goldman Sachs has offloaded a 0.1 percent equity stake in Kaynes Technology India, the electronics manufacturer, through open market transactions on November 10.

Shares of Kaynes Technology rallied 4.13 percent to Rs 6,482 after a sharp fall in the previous couple of sessions.

Goldman Sachs Bank Europe SE-ODI sold 67,702 equity shares (equivalent to 0.1 percent of paid-up equity) in Kaynes at Rs 6,498 per share, valuing the transaction at Rs 44 crore.

However, Bluepearl Map I LP acquired 65,241 equity shares at the same price for Rs 42.4 crore, while Kadensa Master Fund bought 2,461 equity shares at the same price for Rs 1.6 crore.

Meanwhile, AAA Technologies remained in focus as the promoter continued to be a net seller in the stock, which declined 1.5 percent to Rs 90.63. Nautilus Private Capital acquired an additional 3.7 lakh shares (representing a 2.88 percent stake) in the company at Rs 89.7 per share, amounting to Rs 3.3 crore, from promoter Anjay Ratanlal Agarwal.

Promoter Anjay Ratanlal Agarwal has offloaded a 7.79 percent stake in the current quarter, while Anjay and other promoters, in total, have sold 19.92 percent stake in AAA Technologies since the start of October, compared with their total shareholding of 63.93 percent as of September 2025.