HomeNewsBusinessMarketsTata Sons buys 0.7% stake in Tata Chemicals, Adani Logistics continues to offload stake in Snowman
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Tata Sons buys 0.7% stake in Tata Chemicals, Adani Logistics continues to offload stake in Snowman

Adani Logistics, which held 26 percent equity stake in the company as of September 2020, sold 1.9 percent equity stake in Snowman in three consecutive sessions via open market transactions

December 02, 2020 / 22:07 IST
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Promoter Tata Sons on December 2 acquired 0.7 percent equity stake in Tata Chemicals via open market transaction.

Tata Sons bought 18,07,245 equity shares in Tata Chemicals at Rs 420.92 per share on the National Stock Exchange (NSE), as per the bulk deals data available on exchanges.

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Among other deals, Adani Logistics sold further 9,59,356 equity shares in Snowman Logistics (reprsenting 0.57 percent of total paid up equity) at Rs 55.64 per share on the NSE.

Adani Logistics, which held 26 percent equity stake in the company as of September 2020, sold 1.9 percent equity stake in Snowman in three consecutive sessions via open market transactions.