NEW DELHI: A fund on Wednesday divested a 1.83 per cent stake in Adani Vitality Options for Rs 1,737 crore via open market transactions.
Envestcom Holding RSC Ltd offloaded almost 2.2 crore fairness shares, representing a 1.83 per cent stake in Adani Vitality Options Ltd (AESL), as per the majority deal information accessible on the BSE and NSE.
The shares had been bought at a median worth of Rs 790 apiece, taking the mixed deal worth to Rs 1,736.73 crore.
After the stake sale, Envestcom Holding’s shareholding in AESL has come all the way down to 0.85 per cent from 2.68 per cent.
Particulars of the consumers of Adani Vitality Options’ shares couldn’t be ascertained on the exchanges.
Shares of Adani Vitality Options fell 1.46 per cent to shut at Rs 790.65 on the BSE, whereas it went decrease by 0.89 per cent to settle at Rs 794.95 apiece on the NSE.