Jomei Investments exits Aditya Birla Capital, sells Rs 1,638.6-crore worth shares to 15 investors including Morgan Stanley, Goldman Sachs, Norges Bank

Block Deals on October 28

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26 Aug, 2025 12:21

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Jomei Investments, a special purpose vehicle owned by Advent International Corporation, has exited Aditya Birla Capital by selling its entire 2.04 percent shareholding in the company via open market transactions on October 28.

Aditya Birla Capital shares rose just 0.6 percent to close at Rs 312.6 on the NSE. The stock remained in uptrend since March this year, more than doubled in last eight months from around Rs 150 level despite intermittent correction.

Jomei Investments sold 5.32 crore equity shares (equivalent to 2.04 percent of paid-up equity) in Aditya Birla Capital, the holding company for the financial services businesses of the Aditya Birla group, via two block deals, at Rs 308 per share, valued at Rs 1,638.6 crore.

These 5.32 crore shares were bought by total 15 foreign and domestic institutional investors including Goldman Sachs, Plutus Wealth Management, Morgan Stanley, Norges Bank on account of the Government Pension Fund Global, Societe Generale, and Viridian Asia Opportunities Master Fund.

Other investors that picked Aditya Birla Capital shares were HDFC Life Insurance Company, ICICI Prudential Life Insurance Company, ITI MF, Motilal Oswal AMC, SBI MF, DSP MF, Manulife Global Fund India Equity Fund, and Tara Emerging Asia Liquid Fund.

Meanwhile, the brisk action was also seen in Aarey Drugs & Pharmaceuticals. which was locked in 2 percent upper circuit at Rs 91.29 despite stake sale by Pinewood Strategy.

India Opportunities Growth Fund - Pinewood Strategy sold 1.53 lakh shares (0.54 percent stake) at Rs 87.76 per share for Rs 1.3 crore.

Tolins Tyres was also in focus, as its shares gained 3.10 percent to close at Rs 192.32 after BofA Securities Europe SA acquired 2.1 lakh shares (0.53 percent stake) at Rs 189.99 per share, valued at Rs 3.98 crore.

Olympus ACF continued to be seller in Utkarsh Small Finance Bank rights shares, offloading 1.46 crore shares at Rs 2.84 per share for Rs 4.15 crore.