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