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Reading: Goldman Sachs Asset Administration exits Sterlite Tech, sells 2.13% stake for ₹84 crore by way of bulk deal
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StockWaves > Market Analysis > Goldman Sachs Asset Administration exits Sterlite Tech, sells 2.13% stake for ₹84 crore by way of bulk deal
Market Analysis

Goldman Sachs Asset Administration exits Sterlite Tech, sells 2.13% stake for ₹84 crore by way of bulk deal

StockWaves By StockWaves Last updated: March 6, 2025 1 Min Read
Goldman Sachs Asset Administration exits Sterlite Tech, sells 2.13% stake for ₹84 crore by way of bulk deal
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Goldman Sachs Asset Administration on Wednesday divested a bit of over 2 per cent stake in Anil Agarwal promoted-Sterlite Applied sciences for ₹84 crore via an open market transaction.

Goldman Sachs Asset Administration via its affiliate Goldman Sachs Funds – Goldman Sachs India Fairness Portfolio bought 1.03 crore shares, amounting to a 2.13 per cent stake in Sterlite Applied sciences, in keeping with BSE knowledge.

The shares had been offloaded at a mean worth of ₹81.04 apiece, taking the deal worth to ₹84.10 crore.

In the meantime, Bandhan Mutual Fund purchased 60.11 lakh shares or 1.23 per cent stake in Sterlite Applied sciences for ₹48.69 crore.

The shares had been acquired at a mean worth of ₹81 apiece.

Particulars of the opposite patrons of Sterlite Applied sciences’ shares couldn’t be ascertained on the BSE.

The inventory of Sterlite Applied sciences fall 4.02 per cent to shut at ₹80.29 apiece on the BSE.

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