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

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

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

November 11, 2025 / 01:07 IST
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Bulk deals on November 10
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.

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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.