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Thai Union Group Public Co sells stake worth Rs 1,047 cr in Avanti Feeds

Press Trust of India  |  New Delhi 

today sold nearly 10 per cent stake in Feeds for Rs 1,047.20 crore, through an open market transaction.

Feeds is a leading manufacturer and exporter of prawns and fish feeds as well as

According to the bulk deal data available with BSE, offloaded 44 lakh shares, amounting to 9.69 per cent stake in Feeds.

The shares were offloaded at an average price of Rs 2,380, valuing the transaction at Rs 1,047.20 crore, the data showed.

The entire stake was purchased by

The shares of ended the day on BSE at Rs 2,281.70, down 3.22 per cent from the previous close.

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

First Published: Mon, March 12 2018. 19:15 IST