Chimetech Holding Sells 1% Stake in Delhivery for Rs 360 Crore

By By Rediff Money Desk, NEWDELHI
Mar 01, 2024 20:19
Chimetech Holding has divested a 1% stake in Delhivery for Rs 360 crore through an open market transaction. The shares were sold at an average price of Rs 470.01 apiece.
New Delhi, Mar 1 (PTI) Chimetech Holding on Friday divested 1 per cent stake in logistics and supply chain firm Delhivery for Rs 360 crore through an open market transaction.

According to the bulk deal data available with the National Stock Exchange (NSE), Chimetech Holding Ltd sold more than 76.64 lakh shares, amounting to a 1.04 per cent stake in Delhivery.

The shares were disposed of at an average price of Rs 470.01 apiece, taking the transaction value to Rs 360.25 crore.

As of December 2023, Chimetech Holding Ltd owned 1.31 per cent shareholding in Delhivery.

Details of the buyers could not be ascertained.

The scrip of Delhivery declined 1.78 per cent to settle at Rs 464.70 apiece on the NSE.

In another bulk deal on the NSE, Amansa Holdings offloaded shares of pharmaceutical company Suven Pharmaceuticals for Rs 215 crore through an open market transaction.

Amansa Holdings sold 31.26 lakh shares of Suven Pharmaceuticals at an average price of Rs 689.19 apiece, taking the deal size to Rs 215.48 crore, as per the data.

Meanwhile, Abu Dhabi Investment Authority Stable picked up 15.74 lakh shares at an average price of Rs 698.15 per piece.

This took the deal value to Rs 109.88 crore.

Details of the other buyers of Suven Pharmaceuticals shares could not be ascertained.

On Friday, shares of Suven Pharmaceuticals rallied 12.49 per cent to close at Rs 708 apiece on the NSE.
Read More On:
chimetech holdingdelhiverylogisticssupply chainbulk deal
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Plastic Parks in Karnataka: Mangaluru & Vijayapura

Karnataka to develop plastic parks in Mangaluru & Vijayapura. Aiming to boost the...

Indian Winter Travel: Goa, Kerala Top Destinations

55% of Indians plan winter trips! Goa & Kerala are top choices. Discover travel trends,...

Bullion Rates Today: Gold & Silver Prices

Check the closing bullion rates for today. Find the latest gold prices (22Kt & 24Kt)...

TN Economic Growth Boosted by Infra Projects

Minister Thangam Thennarasu credits infrastructure projects for Tamil Nadu''s...

I-T Dept Sends SMS for Bogus Donation Claims

Income Tax dept sends SMS/emails regarding wrongful deduction claims for political...

Himachal Orchardist Duped: Police Issues Advisory

Himachal orchardist loses Rs 36 lakhs to online trading fraud. Police issue advisory on...

Shivganga Drillers IPO: Files Papers with Sebi

Shivganga Drillers files papers with Sebi for Rs 400-cr IPO. Funds to be used for plant...

Markets Closed in Bengaluru, Mangaluru Today

Bengaluru, Mangaluru markets closed today due to government holiday. Areca, coconut,...

India-Mexico Trade: Tariff Hike Concerns

India engages with Mexico over unilateral tariff hikes. Exploring solutions, FTA talks,...

TVS Tech Centre Opens in Assam

TVS Credit tech centre inaugurated in Assam by CM Sarma. Centre to train youth in AI,...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com