Key Points
Foreign fund house Quinag Acquisition on Thursday offloaded its entire stake in Manappuram Finance for Rs 1,177 crore through an open market transaction..
According to the bulk deal data available with the BSE, Quinag Acquisition (FPI) disposed of 8,37,85,880 shares amounting to a 9.90 per cent stake in Manappuram Finance...
The shares were offloaded at an average price of Rs 140.50 apiece, taking the transaction value to Rs 1,177.19 crore...
In a separate open market transaction on the BSE, promoter entity Sapphire Foods Mauritius pared a 2.5 per cent stake in restaurant operator Sapphire Foods India for Rs 220 crore...
According to the block deal data available with the BSE, Sapphire Foods Mauritius sold more than 16.24 lakh shares, amounting to a 2.5 per cent stake in Sapphire Foods India...
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