The deal will not trigger an open offer and the promoters are not looking to sell any stake. The scrip opened at Rs 30.10 and made an intraday high/low of Rs 32.45/28.30.
The counter saw volumes of 86,63,453 shares, about three times its two week average. The stock hit a 52-week high of Rs 104.80 on Jan 8 and a 52-week low of Rs 20.50 on July 2 this year.