The promoters of Thangamayil Jewellery Ltd. divested shares worth Rs 273.23 crore on Wednesday through open market transactions.
Promoter Balusamy Ramesh offloaded 4.33 lakh shares, representing 1.57% stake, at Rs 2,123.4 apiece. Another investor, Narayanan Balusamy Kumar, sold 4.33 lakh shares, representing a 1.57% stake, at Rs 2,091.2 apiece, while Das Balarama Govinda sold 4.33 lakh shares, representing a 1.57% stake, at Rs 2,090.32 apiece, according to the bulk deal data on the NSE.
Custody Bank Of Japan Ltd. Re Rb Amundi India Small Cap Equity Mother Fund acquired 6.81 lakh shares, representing 2.48% stake at Rs 2,090 apiece and F3 Advisors Pvt. bought 2.22 lakh shares, representing 0.8% stake at Rs 2,121.56 apiece.
Thangamayil Jewellery's stock closed 6.54% lower at Rs 2,169.80 per share, compared to a 0.32% decline in the benchmark Nifty.
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