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UBS Principal Capital Asia sells InterGlobe Aviation shares worth Rs 900 cr

UBS Principal Capital Asia Ltd on Friday sold shares of InterGlobe Aviation Ltd worth over Rs 900 crore, through open market transaction.

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InterGlobe Aviation | shares

Press Trust of India  |  New Delhi 

UBS Principal Capital Asia sells InterGlobe Aviation shares worth Rs 900 cr

UBS Principal Capital Asia Ltd on Friday sold of Ltd worth over Rs 900 crore, through open market transaction.

According to block deal data on the BSE, nearly 42.37 lakh scrips were offloaded at an average price of Rs 2,125.3 apiece.

This translated into a total deal value of Rs 900.48 crore.

UBS Capital Asia is a public shareholder and held a 1.24 per cent stake in at the end of the September 2021 quarter.

Through a separate transaction, Societe Generale purchased the at the same price.

On the BSE, of jumped 7.4 per cent to close the counter at Rs 2,305.4 apiece on Friday.

(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.)

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First Published: Fri, November 12 2021. 20:01 IST
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