In past two trading days, the stock price of Nykaa has declined 5 per cent after Kravis Investment Partners II offloaded 36.7 million shares of the company at a price of Rs 171 apiece.
American private equity firm TPG Capital is likely to sell shares of Nykaa worth Rs 1,000 crore through a block deal
Stake sale being brokered by three investment banks, says another source; Gangwal and his group currently own 36.6% in InterGlobe Aviation, Bhatia's camp owns 38.17%
Investment bankers say successful execution of large block trades is a healthy sign and could pave the way for large initial public offerings (IPOs) and additional fund-raising by listed companies
VRL bought 18.5 crore shares at a price of Rs 159.94 per share, the company said in a statement on its website
According to media reports, Epsilon Bidco Pte. Ltd, a Blackstone entity which owns 75 per cent of Essel Propack, was looking to sell up to 23 per cent stake, to garner as much as $251 million
Now, Sebi would provide two trading windows-- morning and afternoon-- of 15 minutes each