Srikrishna Trust, a promoter of Piramal Enterprises Ltd., offloaded a stake worth Rs 976.5 crore in the non-bank lender through open market transactions on Thursday, a day after it sold its stake in the company.
Srikrishna Trust divested 1.07 crore shares, representing a 4.51% stake in the company at Rs 906 per share, according to NSE block deal data. The trust held a 35.11% stake as of March. The trustees, Ajay G. Piramal and Swati A. Piramal, are also part of the promoter group.
On the other hand, Anutham Realty Pvt. bought a 1.07% stake at Rs 906 apiece. Anutham Realty is also part of the promoter group.
Srikrishna Trust on Wednesday sold a 4.54% stake in the NBFC.
Shares of Piramal Enterprises closed 0.81% higher at Rs 906 apiece, as compared with a 0.22% advance in the NSE Nifty 50.
RECOMMENDED FOR YOU
Tata Technologies Shares Fall As TPG To Sell Stake Worth Rs 654 Crore
Jun 04, 2025
Yes Bank Bulk Deal: Carlyle Group Sells Stake Worth Rs 889 Crore
Jun 03, 2025
Edelweiss Employees Trust Sells Stake In Edelweiss Financial Services For Rs 145 Crore
May 21, 2025
Sajjan Jindal Family Trust Sells 2% Stake In JSW Infrastructure For Rs 1,210 Crore
May 16, 2025
POPULAR