PNB divests stake worth Rs.109 crore in Icra
Punjab National Bank (PNB) has divested 3.33% stake in rating agency Icra for nearly Rs.109 crore, through open market transactions. As per the block deal data available...
Tag : divests
Biocon divests 1.88% stake in Syngene for Rs.230 crore
Biocon Ltd has divested 1.88% stake in its research arm Syngene International, for approx Rs.230 crore. In a regulatory filing the company stated, “Biocon, the promoter...
Blackstone divests 8% stake in Mphasis
Blackstone, the promoter of Mphasis has divested 8% its stake in the company. Marble II Pte Ltd, a unit owned by PE firm Blackstone, sold...
Century Plyboards divests entire stake in its step down subsidiary
Century Plyboards subsidiary Century Ply Singapore Pte, has written-off its entire investments in its subsidiary, P T Century Ply Indonesia. The company stated that, P T Century...
Take Solutions divests entire stake in Towell Take Investments LLC
Take Solutions’ subsidiary has sold entire stake in the step down arm based in Muscat. On March 28, the company informed exchanges that its wholly...
Adani Enterprises divests entire stake in Adani Energy Ltd
Adani Enterprises has sold 100% stake, in its wholly owned subsidiary Adani Energy Ltd (AEnL) for Rs.13.61 lakh. Adani Enterprises is the flagship firm of the...
Reliance Capital’s arm divests 19.05% stake in Sula Vineyards
Reliance Capital’s wholly owned subsidiary has sold 19.05% stake, in Sula Vineyards Private Ltd for Rs.256 crore. In a filing to BSE, Reliance Capital stated, “Reliance...
Cox & Kings divests 11.58% stake in PHUK
Cox & Kings has divested 11.58% of its stake in Prometheon Holdings UK (PHUK), to SSG Capital for Rs.450 crore, after transaction expense and tax. The...
M&M to divest stake in JV Mahindra Sanyo
Mahindra & Mahindra (M&M), will be selling 22% of its stake in joint venture firm, Mahindra Sanyo to Sanyo Special Steel Co Ltd for Rs.146.32...
IFCI divests 0.20% stake in NSE
IFCI has sold 0.20% stake in stock exchange NSE for Rs.92.51 crore. IFCI from time to time is selling stake in NSE. The company in...