Adani Group's stake sale in AWL Agri Business to Wilmar, followed by the block deal, is being seen as part of the group’s strategy to exit the FMCG business and refocus on its core infrastructure portfolio.
The block deal involving 2.4 percent equity stake sale in Emcure Pharma is likely linked to Bain Capital’s BC Investments, which had been expected to offload up to 2 percent of its stake, according to earlier news reports.
Blackstone is the likely seller in the block deal for 9.5 percent equity stake sale in Mphasis today. If confirmed, today’s deal would mark another major tranche of stake sale by Blackstone.
Paytm shares in the block deal were transacted at Rs 1,307 apiece, taking the total deal value to about Rs 1,722 crore.
Ather Energy block deal was executed at at Rs 622.35 per share, taking the total transaction value to about Rs 542 crore.
Tiger Global, through its affiliate Internet Fund III Pte Ltd, sold a little over 1.93 crore equity shares at prices between Rs 620.45 and Rs 623.56 apiece.
Singapore-based telecom major Singtel has been gradually reducing its shareholding in Airtel while reiterating India’s long-term strategic importance in its investment portfolio.
Automobiles major Mahindra & Mahindra had invested Rs 417 crore in July 2023 to acquire a 3.5 percent stake in RBL Bank at Rs 197 per share. The current deal is expected to deliver a gain of roughly 64 percent on that investment.
Thyrocare Technologies promoter group entity Docon Technologies has sold over 10 percent equity stake in open markets for about Rs 668 crore.
Shriram Finance shares jumped over 5%, after a news report said that Japan's Mitsubishi UFJ is looking to acquire 20% equity stake in the Indian NBFCs for as much as Rs 23,200 crore.
In March 2024, BAT sold roughly 3.5 percent stake in ITC Ltd for about $2.1 billion in what was India's third-largest block deal ever
The three promoters alone held a little over 61 percent stake in the company, as on March 31, 2025.
A new management would be a good catalyst for Yes Bank’s valuation, feel analysts
Disinvestment process on track for BEML, SCI; PSU dividends expected to increase moving ahead, says Arunish Chawla
The move is being planned to meet the Securities and Exchange Board of India’s (Sebi’s) minimum public shareholding norm, the newspaper said
According to reports, the Department of Investment and Public Asset Management has invited bids from merchant bankers to facilitate the government’s proposed stake sale in public sector banks
Star Cement has the highest market share in the north eastern region and 79 per cent of its sales comes from the region.
The company has held talks with prospective financial advisers as it evaluates a stake sale in Sany Heavy Industry India, people said, asking not to be identified because the process is private.
The OFS will open on January 14 for non-retail investors and on January 15 for retail investors. The floor price has been set at Rs 22 per share.
The OFS will open on January 14 for non-retail investors and on January 15 for retail investors. The floor price has been set at Rs 22.
With this block deal, Smallcap World Fund, which owned a 3.77 percent stake in Neuland Laboratories, likely made an exit.
The RBI nod is a significant step for the Burman family towards acquiring control of Religare, it does not include approval for proposed board changes, such as appointing new directors.
brokerage said the funds from Vodafone’s complete exit from the Indian towers company are likely to find its way back to Indus Towers shareholders as dividend with attractive yields of up to 6 percent.
Bharat Forge QIP was approved by the company's Investment Committee on Wednesday, following earlier approvals from its board and shareholders via a postal ballot.
Vodafone Plc said that the funds from the sale of its remaining 3 percent equity stake in Indus Towers will be used to repay $101 million in outstanding borrowings, which are secured against its Indian assets.