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Shares of real estate developer Sobha fell 8.7% to Rs 380 on BSE in early morning trade after the promoter Sobha Menon sold four million shares or 4.15% stake in the company through open market transaction.
On Friday, April 7, 2017, Sobha Menon had sold four million shares or 4.15% in the real estate firm Sobha at an average price of Rs 414.89 per share on BSE, the bulk deal data showed. CLICK HERE FOR DETAILS
Post transaction, Sobha Menon holding in the company declined to 37.74% from 41.89%, Sobha said in a BSE filing.
On Friday, April 7, 2017, Sobha Menon had sold four million shares or 4.15% in the real estate firm Sobha at an average price of Rs 414.89 per share on BSE, the bulk deal data showed. CLICK HERE FOR DETAILS
Post transaction, Sobha Menon holding in the company declined to 37.74% from 41.89%, Sobha said in a BSE filing.
