US-based Griffin Partners has sold 19.63 lakh share of Future Supply Chain Solutions for Rs 124.99 crore to Edelweiss Crossover Opportunities Fund and EW Clover Scheme
Houston, Texas headquartered Griffin partners has sold 4.90 per cent stake in the company for a price of 636.60 per equity share, Future Enterprises Ltd said in a BSE filing.
"Griffin partners has sold 1,963,550 equity shares representing 4.90 per cent stake in Future Supply Chain Solutions Ltd to Edelweiss Crossover Opportunities Fund and EW Clover Scheme for a price of Rs 636.60 per equity share," the filing said.
Future Supply Chain Solutions is the subsidiary of Future Enterprise Ltd. Kishore Biyani is the Vice Chairman of Future Enterprise Ltd.
The Future Enterprises Ltd stock settled 6.28 per cent up at Rs 49.90 on BSE.
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