According to bulk deal data available with the National Stock Exchange (NSE), Amansa Holdings sold a total of 40 lakh shares, amounting to 2.56 per cent stake, of Cholamandalam Investment and Finance Company.
The scrips were sold at an average price of Rs 970.21 apiece, valuing the transaction at Rs 388.08 crore, the data showed.
The buyer(s) of the shares could not be ascertained immediately.
As of December quarter, Amansa Holdings Private Limited held 2.56 per cent stake in Cholamandalam.
Shares of Cholamandalam Investment and Finance Company today fell by 4.48 per cent to close at Rs 971.80 on the NSE.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%