D Mart founder Radhakishan Damani, a public shareholder of VST Industries Ltd., offloaded a 0.64% stake worth Rs 4.39 crore through open market transactions on Thursday.
Damani, one of the largest shareholders in VST Industries, sold 1 lakh shares at Rs 439.19 apiece, according to bulk deal data on the NSE. As of June, Damani directly held a 3.47% stake in the company.
Reliance Mutual Fund bought 0.85 lakh shares or a 0.55% stake at Rs 439.96 apiece, while Thrift Savings Plan mopped up 0.83 lakh shares or a 0.54% stake at Rs 440.74 apiece.
On Tuesday, the DMart founder had also traded 1 lakh shares at Rs 439.19 apiece
Earlier, Radhakishan Damani via his two units Derive Trading and Resorts Pvt., and Damani Estate and Finance Pvt.—sold a total 2.26% stake worth Rs 142 crore in VST Industries.
He also owns a 36.33% stake in the firm through various arms, including Bright Star Investments Pvt., Derive Investments, Radhakishan Shivkishan Damani, Derive Trading and Resorts, Gopikishan S Damani, Damani Estates and Finance, Gulmohar Private Beneficiary Trust, Karnikar Private Beneficiary Trust, Bottle Palm Private Beneficiary Trust, Royal Palm Private Beneficiary Trust and Mountain Glory Private Beneficiary Trust.
Shares of VST Industries closed 1.4% higher at Rs 444 apiece on the BSE, compared to a 0.29% advance in the benchmark Sensex.
RECOMMENDED FOR YOU

FPIs Extend Selling Streak For Seventh Consecutive Session, Offload Rs 1,171-Crore Shares


One MobiKwik Bulk Deal: ADIA Exits Via Stake Sale Worth Rs 39 Crore


FPIs Extend Selling Streak As Nifty Logs Steepest Weekly Fall In Nearly Five Months


Tata Steel Acquires Shares Worth Rs 3,104 Crore In Singapore Unit
