Home Business gmr airports infra inventory replace: Two entities offload GMR Airports Infra shares price Rs 330 cr by way of block deal

gmr airports infra inventory replace: Two entities offload GMR Airports Infra shares price Rs 330 cr by way of block deal

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New Delhi, Two entities on Friday offloaded shares of GMR Airports Infrastructure for Rs 330 crore by means of open market transactions. In line with block deal knowledge out there with the BSE, two entities — C/D Traders Fund LP and H/D Traders Fund LP — offered a complete of 8,86,58,600 shares, amounting to a mixed stake of 1.5 per cent within the firm.

The shares, offloaded in 4 tranches, have been offered at a median worth of Rs 37.2 apiece, aggregating to Rs 329.80 crore.

These shares have been acquired by Veda Traders Fund LP, DVG 1740 Fund LP and Deccan Worth Traders Fund LP.

On Friday, shares of GMR Airports Infrastructure closed 1.08 per cent larger at Rs 37.55 per share on the BSE.

In a separate transaction, JP Morgan Funds offered 7.14 lakh shares of Aarti Pharmalabs for Rs 18 crore by means of an open market transaction.

JP Morgan Funds offered the shares at a median worth of Rs 255.33 per piece, as per bulk deal knowledge out there with the Nationwide Inventory Change (NSE).

This took the deal worth to Rs 18.23 crore. The customer(s) of the shares couldn’t be ascertained. Shares of Aarti Pharmalabs closed 5 per cent up at Rs 259.50 at NSE.

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