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Cinnamon Capital sells Indiabulls Ventures shares worth Rs 832-cr

Press Trust of India  |  New Delhi 

today sold than 1.73 crore shares of Ventures for a little over Rs 832 crore through an open market transaction.

The shares were purchased by Jasmine Capital Investments Pte Ltd.

According to block deal data available with the BSE, Cinnamon offloaded a total of 1,73,34,381 shares, amounting to 2.86 per cent stake of Ventures.

Shares were sold at an average price of Rs 480, valuing the transaction at Rs 832.05 crore, the data showed.

Ventures today gained 0.68 per cent to close at Rs 482.60 on the

On July 4, had sold than 1.38 crore shares of for over Rs 651 crore.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 10 2018. 20:00 IST