Moneycontrol PRO
HomeNewsBusinessMarketsInox Benefit Trust offloads entire stake in Inox Leisure, Westbridge Crossover Fund sells 2% stake in La Opala

Inox Benefit Trust offloads entire stake in Inox Leisure, Westbridge Crossover Fund sells 2% stake in La Opala

Westbridge Crossover held 2.44 percent or 27,12,858 shares in La Opala as of June 30

August 12, 2020 / 11:48 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Inox Benefit Trust has offloaded its entire 4.23 percent equity stake in multiplex chain Inox Leisure on August 11 via open market transactions.

    Pavan Kumar Jain, Vivek Kumar Jain and Deepak Asher the trustees of Inox Benefit Trust sold 43.50 lakh shares in the company at Rs 233 per share, bulk deals data available on the BSE showed. The stake sale was worth Rs 101.35 crore.

    Skale Master Fund, Abu Dhabi Investment Authority and HDFC Mutual Fund acquired 8,55,092,  11.25 lakh and 23.7 lakh equity shares, respectively, in Inox Leisure at the same price.

    Inox Leisure share price rallied 2.39 percent to close at Rs 235.60 on August 11.

    Among other deals, Westbridge Crossover Fund offloaded 22,99,696 shares in tableware company La Opala RG (representing 2.07 percent of its paid-up equity capital) at Rs 185 per share on the NSE. It held 2.44 percent or 27,12,858 shares in La Opala as of June 30.

    Eastspring Investments India Infrastructure Equity Open sold 31,87,919 shares in Consolidated Construction Consortium at Rs 0.32 per share.

    Elara India Opportunities Fund offloaded 1 lakh shares in IT company GSS Infotech at Rs 23.86 per share, while BNK Capital Markets sold 2 lakh Rights Entitlement shares in Spencer's Retail at Rs 21.66 per share.

    Moneycontrol News
    first published: Aug 11, 2020 08:17 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347