Avantha Holdings has decided to sell 4.2 crore shares in Crompton Greaves via a block deal at Rs 198-204 per share. Goldman Sachs is the sole banker to the Avantha Holdings-Crompton deal.
There is an upside of another one crore share, which means it can sell 5.2 crore share in Crompton. So broadly, 4.2 crore share are on the block as a base book.
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