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PNB shares in focus following completion of 21% stake sale in India SME Asset Reconstruction Company
The recent transfer of a significant portion of equity in India SME Asset Reconstruction Company may impact the market valuation of PNB as it adjusts its investment portfolio after...
Read Full Article →BAT may begin phased stake sale in ITC Hotels: Sources
British American Tobacco plans to gradually divest its minority interest in ITC Hotels to reduce debt, following the recent separation of the hotel business from ITC Limited earlie...
Read Full Article →IndiGo shares plunge 6% as promoter plans $1 billion stake sale
The move by InterGlobe Enterprises to reduce its substantial holding could considerably impact IndiGo’s market valuation and investor confidence amid efforts to generate significan...
Read Full Article →Jubilant Group promoters to offload stakes in listed companies via block deals: Report
The Bhartia family intends to sell significant shares in several listed Jubilant Group companies through block deals, facilitating capital restructuring following recent investment...
Read Full Article →MapMyIndia shares crack 9% on likely 5% stake sale by PhonePe via block deal
The potential sale of a 5% stake by PhonePe through a block deal worth ₹476.2 crore led to a notable decline in the stock value of MapMyIndia’s parent company on the BSE.
Read Full Article →United Spirits shares gain 3% on reports of potential RCB stake sale by parent Diageo
The potential sale of a stake in the cricket franchise by Diageo, through United Spirits, has influenced market activity, reflecting investor interest in the company's strategic fi...
Read Full Article →ITC tumbles 4% on BAT’s likely 2.6% stake sale worth Rs 15,000 crore
The planned reduction of British American Tobacco's ownership in ITC, involving a significant transaction amount, led to a noticeable decline in the company’s stock value amid ongo...
Read Full Article →PG Electroplast shares in focus as promoters plan Rs 1,177 crore stake sale via block deal
Promoters of PG Electroplast intend to sell a significant stake worth approximately Rs 1,177 crore through a block deal, offering shares at a slight discount to the recent closing...
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