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Private equity firm Samara Capital exited the company through the sale of its entire 0.7% stake or 4,49,999 shares for around Rs 63 crore, bulk deals data on the BSE showed. The shares were sold at Rs 1,400 apiece. Meanwhile, in Archean Chemical Industries, Piramal Enterprises sold 3.4% stake through the open market for around Rs 252 crore, bulk deals data on the NSE showed.
Global private equity firm Warburg Pincus, through its affiliate Honey Rose Investment, sold 6,457,849 shares, representing 6.4% stake for Rs 359 crore, according to bulk deals data. Chicago-based investment firm Creation Investments Fusion, Llc has sold 3,841,172 shares, representing 3.8% stake for Rs 213 crore.
The bonds were held in 13 segregated portfolios of five schemes, and investors holding units of these schemes’ side pockets will receive the money in their bank accounts in the next few days.