According to reports, US private equity firm TPG Capital was looking to sell shares of Nykaa operator FSN E-Commerce worth Rs 1,000 crore through a block deal today
Mala Gopal Gaonkar sold 5.75 crore shares at an average of Rs 175.48 per share while Canada Pension Plan Investment Board bought 1.7 crore Nykaa shares at Rs 175.25 apiece, data showed.
Fashion retailer FSN E-Commerce Ventures, the parent company of Nykaa, has again come under intense selling pressure even as analysts sounded optimistic about the prospect of the stock.