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gmr airports infra inventory replace: Two entities offload GMR Airports Infra shares value Rs 330 cr through block deal

ntakinn by ntakinn
February 3, 2023
in Business
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gmr airports infra inventory replace: Two entities offload GMR Airports Infra shares value Rs 330 cr through block deal
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New Delhi, Two entities on Friday offloaded shares of GMR Airports Infrastructure for Rs 330 crore by way of open market transactions. In response to block deal information out there with the BSE, two entities — C/D Traders Fund LP and H/D Traders Fund LP — offered a complete of 8,86,58,600 shares, amounting to a mixed stake of 1.5 per cent within the firm.

The shares, offloaded in 4 tranches, had been offered at a mean worth of Rs 37.2 apiece, aggregating to Rs 329.80 crore.

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These shares had been acquired by Veda Traders Fund LP, DVG 1740 Fund LP and Deccan Worth Traders Fund LP.

On Friday, shares of GMR Airports Infrastructure closed 1.08 per cent increased at Rs 37.55 per share on the BSE.

In a separate transaction, JP Morgan Funds offered 7.14 lakh shares of Aarti Pharmalabs for Rs 18 crore by way of an open market transaction.

JP Morgan Funds offered the shares at a mean worth of Rs 255.33 per piece, as per bulk deal information out there with the Nationwide Inventory Alternate (NSE).

This took the deal worth to Rs 18.23 crore. The customer(s) of the shares couldn’t be ascertained. Shares of Aarti Pharmalabs closed 5 per cent up at Rs 259.50 at NSE.



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