According to the bulk deal data available with BSE, Mehta purchased 7.25 lakh shares, amounting to 11.98 per cent stake in Fair Deal Filaments.
The shares were acquired at an average price of Rs 47.85, valuing the transaction at Rs 3.47 crore, the data showed.
The shares of Fair Deal Filaments settled for the day on BSE at Rs 47.85, up 19.92 per cent from its previous close.