According to the bulk deal data available with BSE, Thai Union Group Public Company offloaded 44 lakh shares, amounting to 9.69 per cent stake in Avanti Feeds.
Thai Union Group Public Company today sold nearly 10 per cent stake in Avanti Feeds for Rs 1,047.20 crore, through an open market transaction. Avanti Feeds is a leading manufacturer and exporter of prawns and fish feeds as well as shrimp processor.
According to the bulk deal data available with BSE, Thai Union Group Public Company offloaded 44 lakh shares, amounting to 9.69 per cent stake in Avanti Feeds.The shares were offloaded at an average price of Rs 2,380, valuing the transaction at Rs 1,047.20 crore, the data showed. The entire stake was purchased by Thai Union Asia Investment Holding.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.