HG Infra Engg Promoters Sell Shares Worth Rs 281 Crore
By Rediff Money Desk, New Delhi Aug 20, 2024 22:36
Promoters of HG Infra Engineering sold 17,96,154 shares worth Rs 281 crore via open market transactions. Aditya Birla Sun Life MF and Societe Generale acquired stakes.
New Delhi, Aug 20 (PTI) Three promoters of HG Infra Engineering sold shares worth Rs 281 crore via open market transactions, while Aditya Birla Sun Life Mutual Fund (MF) and Societe Generale acquired stakes.
According to the block deal data available on the BSE, Harendra Singh Family Trust, Vijendra Singh Family Trust, and Girishpal Singh Family Trust offloaded 17,96,154 shares in HG Infra Engineering.
The shares were sold at an average price of Rs 1,566.5 apiece, taking the deal value to Rs 281.36 crore.
At the end of the June quarter, the combined shareholding of promoters and promoter group entities' of HG Infra Engineering owned a 74.53 per cent stake.
Meanwhile, Aditya Birla Sun Life MF, ITI MF, Sundaram MF, Bandhan MF, Tata MF and Societe Generale acquired shares in HG Infra Engineering.
Shares of HG Infra Engineering rose 0.05 per cent to close at Rs 1,582.95 apiece on the BSE.
According to the block deal data available on the BSE, Harendra Singh Family Trust, Vijendra Singh Family Trust, and Girishpal Singh Family Trust offloaded 17,96,154 shares in HG Infra Engineering.
The shares were sold at an average price of Rs 1,566.5 apiece, taking the deal value to Rs 281.36 crore.
At the end of the June quarter, the combined shareholding of promoters and promoter group entities' of HG Infra Engineering owned a 74.53 per cent stake.
Meanwhile, Aditya Birla Sun Life MF, ITI MF, Sundaram MF, Bandhan MF, Tata MF and Societe Generale acquired shares in HG Infra Engineering.
Shares of HG Infra Engineering rose 0.05 per cent to close at Rs 1,582.95 apiece on the BSE.
Source: PTI
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
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.50 (+ 3.60)
- 98491250
- GTL Infrastructure
- 2.32 (+ 4.98)
- 74918021
- Advik Capital
- 3.25 (+ 7.97)
- 34086998
- Jaiprakash Power Ven
- 20.03 (+ 8.45)
- 26873790
- Spicejet Ltd.
- 62.80 (+ 9.10)
- 26113604
MORE NEWS
Shirdi Saibaba Sansthan: Tax Exemption on...
The Bombay High Court has ruled that the Shri Saibaba Sansthan Trust is eligible for...
CCI Approves JM Financial's Stake Buy in Credit...
India's Competition Commission (CCI) has cleared JM Financial's acquisition of a 43%...
India Mobile Congress 2024: Over 900 Startups...
Over 900 startups are expected to participate in India Mobile Congress's Aspire...