In a recent development, HDFC Mutual Fund purchased shares worth Rs 91.26 crore in Sudarshan Chemical Industries on February 15. The acquisition involved 17,75,551 shares at an average price of Rs 513.99. Additionally, promoters Nisha Ajay Rathi and Ajay Balkrishna Rathi sold shares in the company. Nisha divested her entire stake of 400,404 shares at an average price of Rs 514, while Ajay sold 1,400,000 shares at an average price of Rs 514.18, reducing his stake from 3 percent to 2.02 percent.
On the same day, BofA Securities Europe SA acquired 2,20,800 shares in Alpex Solar, which debuted on the stock exchanges at Rs 337.47 per share. The investment amounted to Rs 7.45 crore in the company.
In another significant transaction, the Carlyle Group sold equity stake worth Rs 1,056 crore in Yes Bank through open market transactions on the BSE. Carlyle Group's entity CA Basque Investments divested 390,000,000 shares (1.35 percent stake) at an average price of Rs 27.10. The buyer, Morgan Stanley Asia (Singapore) PTE, purchased 306,305,668 shares at the same price, totaling Rs 830.08 crore.
Furthermore, promoter Finsider International company sold 65,518,600 shares (1.76 percent stake) at Rs 265.14 per share, amounting to Rs 1,737.16 crore. Finsider had a 4.40 percent stake in the company until December 2023.
