Internet Fund III Pte, a fund managed by Tiger Global Management, on Wednesday divested a 1.7% stake in supply chain company Delhivery for Rs 414 crore through an open market transaction.
Internet Fund III Pte sold 1,23,63,060 shares, amounting to 1.70% stake in the company, according to the bulk deal data available with the National Stock Exchange.
The shares were offloaded at an average price of Rs 335.06 per scrip, taking the aggregate deal value to Rs 414.23 crore.
ADVERTISEMENT
Post the transaction, Internet Fund III Pte's shareholding in the company has reduced to 2.98% from 4.68%
On Wednesday, shares of Delivery closed 3.61% lower at Rs 336.30 apiece on NSE.
Add us to your Preferences
Set as your preferred source on Google
ADVERTISEMENT
RECOMMENDED FOR YOU
Stock Market Today: All You Need To Know Going Into Trade On Sept. 5
Sep 05, 2025
FPIs Extend Selling Streak For Seventh Consecutive Session, Offload Rs 1,171-Crore Shares
Sep 02, 2025
LEAP India IPO: Draft Papers Filed With SEBI For Rs 2,400 Crore Public Issue
Aug 30, 2025
Apollo Hospital Block Deal: Promoter To Offload Shares Worth Rs 1,394 Crore
Aug 21, 2025
POPULAR
1
Tega Industries Board Approves Fundraise Of Up To Rs 4,000 Crore
2
Infosys Buyback: Tax Burden Shifts To Shareholders — Here's How
3
Indian Envoy To US Discusses Bilateral Trade Ties With US Lawmakers
4
Modi In Manipur: Terms Violence 'Unfortunate', Vows To Turn State Into 'Symbol of Peace'
5