You are here: Home » Companies » News
Business Standard

Baytree Investments sells Bajaj Consumer Care shares worth Rs 249 cr

Baytree Investments (Mauritius) Pte Ltd on Friday sold more than 98 lakh shares of Bajaj Consumer Care Ltd worth over Rs 249 crore through an open market transaction.

Bajaj Consumer Care | Investments

Press Trust of India  |  New Delhi 

cash, funds, investment, growth, profit, loss, money, bonds, liquidity, currency

Baytree (Mauritius) Pte Ltd on Friday sold more than 98 lakh shares of Ltd worth over Rs 249 crore through an open market transaction.

Baytree is a subsidiary of Singapore-headquartered Temasek.

As per the bulk deal data available on the BSE,Baytree offloaded 98.63 lakh shares of the company at an average price of Rs 252.81 apiece. This took the total deal value to Rs 249.36 crore.

According to the company's latest shareholding pattern, Baytree Investments (Mauritius) Pte Ltd held 6.69 per cent stake in as a public shareholder.

On Friday, stocks of settled 7.34 per cent lower at Rs 244.80 on the BSE.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, February 12 2021. 20:31 IST