Partners Group sells Rs 837 cr worth of shares of Aavas Financiers

Global private markets investment manager Partners Group on Friday sold Rs 837.4 crore worth of shares of mortgage financier Aavas Financiers through open market transactions, data from stock exchanges show.

The stock slid 3.7 per cent on the BSE Sensex to end at Rs 2,385 on Friday and is down 10.1 per cent since August 17.

The bulk deal data showed that Partners Group ESCL sold 2,372,060 shares or 3.02 per cent of the equity at an average price of Rs 2,454, valuing the deal at Rs 582 crore. Partners Group Equity Master Fund sold 1,040,976 shares or 1.33 per cent in