The Canada Pension Plan Investment Board on Wednesday sold shares of Nykaa's parent company, FSN E-Commerce Ventures Ltd.
The Canadian fund offloaded a total of 1.47 crore shares, amounting to a 0.51% stake in FSN E-Commerce Ventures at Rs 174.04 apiece, according to the block deal data on the National Stock Exchange.
Simultaneously, ICICI Prudential Mutual Fund picked up all the shares of FSN E-Commerce Ventures at the same price.
At the end of the March quarter, the Canadian government's crown corporation, CPPIB, held a 1.47% stake in the fashion-to-beauty online retailer.
Shares of FSN E-Commerce Ventures closed 0.11% higher at Rs 176 per share, as compared to a 0.45% decline in the Sensex.
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