Two entities -- Tamara and Pace -- on Wednesday offloaded shares of casual dining chain Barbeque Nation Hospitality Ltd. for an estimated Rs 669 crore through open market transactions.
Those who picked up the shares of the Bengaluru-based casual dining chain are -- ICICI Prudential Mutual Fund, Motilal Oswal Mutual Fund, BNP Paribas Arbitrage, Massachusetts Institute of Technology and TNTBC as The Trustee of Nomura India Stock Mother Fund.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
According to bulk deal data available with the National Stock Exchange, Tamara, part of private equity firm CX Partners, sold a total of 27.55 lakh shares of Barbeque Nation at an average price of Rs 1,153.16 - Rs 1,154.99, valuing the transaction at Rs 318 crore.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Pace offloaded 29.93 lakh scrips of the casual dining chain at Rs 1,172.96 apiece, aggregating to Rs 351 crore.
This took the total deal value to about Rs 669 crore.
As of the December quarter, Tamara held a 7.09% stake, while Pace had an 8.19% stake in Barbeque Nation, shareholding data with BSE showed.
The Barbeque Nation scrip closed 5.43% lower at Rs 1,180.90 on BSE.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
