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Blue Dart promoter to prune 6.03% stake

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Press Trust Of India

The promoter of logistics service provider Blue Dart Express plans to dilute 6.03 per cent stake, the company said on Wednesday. The move might fetch DHL Express (Singapore) an excess of Rs 245 crore at the current price. In a notice of offer for sale, Blue Dart Express said the sale of 14,31,937 shares would take place on separate windows of both the BSE and NSE on November 23.

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First Published: Nov 22 2012 | 12:39 AM IST

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