Orient Global Cinnamon Capital today sold more than 1.35 crore shares of Indiabulls Ventures for a little over Rs 645 crore through an open market transaction.
The shares were purchased by Jasmine Capital Investments Pte Ltd.
According to block deal data available with the BSE, Orient Global offloaded a total of 1,35,00,000 shares, amounting to 2.23 per cent stake, of Indiabulls Ventures.
Shares were sold at an average price of Rs 478, valuing the transaction at Rs 645.3 crore, the data showed.
Indiabulls Ventures slipped 0.36 per cent to close at Rs 478.90 on the BSE.
Yesterday, Cinnamon Capital sold more than 1.38 crore shares of Indiabulls Ventures for over Rs 651 crore.
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