Morganite Crucible held a 7.84% stake in Foseco India as of the quarter ended June.
Set as Trusted Source
on Google Search
Morganite Crucible held a 7.84% stake in Foseco India as of the quarter ended June.
Alpha Wave India is likely to offload up to 7.8% in Aye Finance through a Rs 320.4 crore block deal at a 5.5% discount
The total offer size for the block deal is Rs 1,417.5 crore, representing 2.4% share of the company's equity.
Ribbit Capital is set to sell a 1.6% stake in Groww parent Billionbrains Garage Ventures for about Rs 1,914 crore. The shares are being offered at Rs 195 each.
Y Combinator will be subject to a 30-day lock-in period for any further stake sale following the transaction. Kotak is the broker to the block deal.
Kotak is acting as the broker for the deal, while the sellers will be subject to a 90-day lock-in period for any further sale.
KFin Tech Block Deal: Initially pegged at Rs 1,200 crore, the block deal size has been upsized to Rs 1,400 crore, indicating strong demand from institutional investors.
The proposed transaction is expected to be priced at an 8%-10% discount to the current market price, according to people familiar with the matter.