Foreign promoter Westbridge Crossover Fund, owned by the Mauritius-based global investment firm WestBridge Capital, sold 12.2 percent stake in Aptus Value Housing Finance India for Rs 2,005.9 crore via block deals on September 4.
The stock corrected 1.04 percent to finish at Rs 328.7 on the NSE, with a market capitalisation of Rs 16,500 crore.
Westbridge Crossover Fund LLC sold more than 6.09 crore equity shares of the housing finance company (equivalent to 12.2 percent) at Rs 328.85 per share, against its total shareholding of 16.9 percent (8.09 crore shares) as of June 2025.
On the contrary, total 24 institutional investors including mutual funds and insurance companies were buyers for all the 12.2 percent stake sold by WestBridge in Aptus Value Housing Finance India. Kotak Mahindra Mutual Fund, ICICI Prudential MF, ICICI Prudential Life Insurance Company, Tata Mutual Fund, Edelweiss MF, Edelweiss Life Insurance Company, East Bridge Capital Master Fund, Bandhan MF, Goldman Sachs, Tata AIG General Insurance, Quant MF, Motilal Oswal MF, ITI Mutual Fund, Aditya Birla Sunlife MF, and Allianz Global were investors among others.
The action was also seen in JHS Svendgaard Laboratories, the oral and dental products maker, which rallied 3.94 percent to Rs 11.61. Green Portfolio sold 5.37 lakh shares (0.6 percent stake) at Rs 11.62 per share, however, Nimisha Khandu Solanki has bought 5.93 lakh shares (0.69 percent stake) at Rs 12 per share.
Structural steel supplier SG Mart, too, was in focus, rising 9 percent to Rs 359.9 amid high volumes, which is a big breakout after several weeks of consolidation. Rohan Gupta has bought additional 35 lakh shares (2.78 percent stake) in the company at Rs 333.01 per share.
However, Blue Foundry Advisors LLP sold 16.3 lakh shares (1.3 percent stake) at Rs 327.44 per share, and QRG Investments and Holdings offloaded 20 lakh shares (1.58 percent stake) in SG Mart at Rs 327.52 per share.
KKR-sponsored Vertis Infrastructure Trust, the InvIT, continued to see exchange of hands on a large scale for third consecutive session.
Manipal Education and Medical Group India sold 2.98 crore units in Vertis at Rs 99.57 per unit, valued at Rs 296.7 crore. 360 ONE Real Assets Advantage Fund, 360 ONE Prime, and 360 ONE Portfolio Managers bought the said 2.98 crore units at same price.
Galaxy Investments II, the part of KKR and also sponsor for the InvIT, offloaded 10.25 lakh units at Rs 98.3 per unit, amounting to Rs 10.07 crore. However, Whiteoak Capital Mutual Fund was the buyer for these 10.25 lakh units.
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!