Shardul Amarchand Mangaldas and Co. advises in relation to bulk trade of Apollo Hospitals shares by Integrated (Mauritius) Healthcare Holdings
Integrated (Mauritius) Healthcare Holdings, an arm of Malaysian sovereign fund Khazanah Nasional Bhd, today sold its entire 4.78 per cent stake in Apollo Hospitals Enterprise for over Rs 829 crore through open market transactions.
According to bulk deal data available with the National Stock Exchange (NSE), the fund has sold a total of 66,54,712 shares, amounting to 4.78 per cent stake, of Apollo Hospitals.
The shares were offloaded on an average price of Rs 1,246.32, valuing the transaction at Rs 829.38 crore, data showed.
At the end of March quarter, Integrated (Mauritius) Healthcare Holdings held 66,54,712 shares, or 4.78 per cent stake, in Apollo Hospitals.
Earlier on March 3, the fund had offloaded a little over 6 per cent stake in Apollo Hospitals for about Rs 1,070 crore.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)