However, the buyer of the shares could not be ascertained immediately.
According to bulk deal data available with the stock exchanges, Wadia sold a total of 19,26,770 shares of Bombay Dyeing.
The shares were purchased on an average price of Rs 63.87, valuing the transaction at Rs 12.30 crore.
In a separate bulk deal, Merrill Lynch Capital Markets Espana has sold 15.41 lakh shares of India Cements.
These scrips were offloaded on a price of Rs 72.61 apiece valuing the transaction at Rs 11.18 crore.
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