Macquarie Offloads Stake In Aurobindo Pharma, Century Textiles, Others
by Tilak Devadiga
Macquarie Bank has offloaded a total of close to 73.61 lac shares of five companies for R74.1 Cr through bulk deal transactions on NSE. The scrips sold by the financial major include that of @Aurobindo_Pharma_L, Century Textiles, Jain Irrigation, @PunjLloyd and @Raymond_Limited1.
Macquarie Finance (India) Pvt. Ltd. ( MFIPL) had acquired 5.43% stake in @Gitanjali_Gems by invoking 50 lakh shares pledged to it by its promoters.
It had bought total 268,576 shares representing 0.67% of total equity of PVR at an average price of R352.72 per share.
It had purchased 14% stake for R33 Cr in Jain Irrigation through bulk deal.
Also, Macquarie Group was planning to invest R313 Cr in @PrimeFocus World NV, the creative services division of Prime Focus Limited; Macquari Capital was planning to raise $1.1 Bn fund to invest in Infrastructure.
Other similar transaction;
Standard Chartered PE had picked up close to 50 Lac shares of @Fortis_Healthcare_L for a total of R47.21 Cr
BNP Paribas Arbitrage had acquired a little more than half a million shares of drug maker – Srides Arcolab for a total of R38.216 Cr.
IDFC Asset Management Co. Private Ltd a/c - IDFC Premier Equity Fund had bought 4,99,881 shares of Vardhman Textiles at R285 on the BSE aggregating to R14.24 Cr.
Citigroup had purchased 5 Lac shares of @Greenply at 499.77 per scrip amounting the entire transaction to R24.98 Cr.
Ascent Capital Advisors is investing R25 Cr in CARE Rating through preferential allotment, BSE filing stated. CARE Ratings will issue an aggregate of 4.46 lakh equity shares at R560.15 per share aggregating to R25 Cr to Ascent India Fund III managed by Ascent Capital Advisors India.
Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.
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