A total of 34,98,931 shares of Muthoot Finance were purchased by Government of Singapore, bulk deal information available with the stock exchanges showed.
Muthoot Finance shares were acquired at an average price of Rs 172.5 a piece amounting the transaction to Rs 60.35 crore.
In a separate transaction, Matrix Partners India Investments offloaded 48.5 lakh shares of Muthoot Finance for an estimated around Rs 83.70 crore.
At end of June-quarter, Government of Singapore held 1.18 per cent stake in Muthoot Finance while Matrix had an 1.42 per cent holding in the company.