HomeNewsBusinessMarketsMarina III Singapore exits Craftsman Automation; Swan Energy ups stake in Veritas India

Marina III Singapore exits Craftsman Automation; Swan Energy ups stake in Veritas India

Quant Mutual Fund has picked half a percent stake in Jindal Stainless. The stock surged more than 10 percent to Rs 197.3.

December 06, 2022 / 20:39 IST
Story continues below Advertisement

Investor Marina III (Singapore) Pte Limited exited auto ancillary company Craftsman Automation by selling its entire shareholding via open market transactions on December 6.

Marina III (Singapore) sold all its 11.56 lakh shares in Craftsman at an average price of Rs 3,200 per share.

Story continues below Advertisement

However, India Acorn ICAV, ADIA, and White Oak were buyers for some of those shares sold by Marina. They in total bought more than 7 lakh shares or 3.3 percent stake in Craftsman.

White Oak Capital Management Consultants LLP acquired 1.28 lakh shares, Abu Dhabi Investment Authority purchased 2.4 lakh shares and India Acorn ICAV bought 3.33 lakh shares at an average price of Rs 3,200 per share. The stock closed with 0.2 percent gains at Rs 3,271.75.