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US-based Carlyle group sells 4.3% stake in Indegene for Rs 636 crore

According to the bulk deal data available on the National Stock Exchange (NSE), CA Dawn Investments, an affiliate of US-based Carlyle, sold 1,02,63,785 shares amounting to a 4.3 per cent stake in Indegene.

December 03, 2024 / 21:17 IST
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US-based Carlyle group sells 4.3% stake in Indegene for Rs 636 crore

Global investment firm Carlyle Group through its arm divested a 4.3 per cent stake in healthcare tech firm Indegene for Rs 636 crore through an open market transaction.

According to the bulk deal data available on the National Stock Exchange (NSE), CA Dawn Investments, an affiliate of US-based Carlyle, sold 1,02,63,785 shares amounting to a 4.3 per cent stake in Indegene.

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The shares were offloaded at an average price of Rs 619.82 apiece, taking the transaction value to Rs 636.17 crore.

After the latest transaction, Carlyle's holding in Indegene has come down to 10.22 per cent from 14.52 per cent.