R Systems
Investor sells 8.45% of R Systems for Rs 465 cr, Goldman picks up stake
Investor Bhavook Tripathi on Friday trimmed its stake in R Systems International by divesting an 8.45 per cent stake to investors like Goldman Sachs, DSP Mutual Fund (MF), and Sundaram MF for Rs 465 crore through open market transactions. After the stake sale, Tripathi's holding has come down to 20.58 per cent from 29.03 per cent. However, he will remain the largest non-promoter shareholder/public shareholder of Noida-based R Systems. According to the block deal data available on the BSE, Tripathi offloaded 99,99,995 shares in eight transactions, amounting to an 8.45 per cent stake in the IT firm. The shares were sold at an average price of Rs 465.15 apiece, taking the transaction value to Rs 465.15 crore. Sundaram Mutual Fund, DSP Mutual Fund, Emerging Business Fund, Siddharth Iyer, Jagdish Naresh Master, Goldman Sachs, Dublin-based investment management firm Mediolanum International Funds and Carnelian Asset Management & Advisors were among the buyers of R Systems' shares on the
 "Investor sells 8.45% of R Systems for Rs 465 cr, Goldman picks up stake")
R Systems surges 8% after over 10 million shares change hands on BSE
As on June 30, 2024, Bhavook Tripathi, under the non resident Indians (NRIs) category, held 34.3 million shares or 29.03 per cent stake in R Systems, shareholding pattern data shows
 "R Systems surges 8% after over 10 million shares change hands on BSE")
Blackstone to acquire majority stake in R Systems for Rs 2,904 crore
Blackstone is buying the promoters' stake for Rs 245 per share, a premium of 3.9 per cent on the current price of Rs 235.8 per share. The promoters will get around Rs 1,496.95 crore
 "Blackstone to acquire majority stake in R Systems for Rs 2,904 crore")
R Systems zooms 20% on Blackstone's open offer to acquire majority stake
Blackstone has made an offer for acquiring up to 57.17 million equity shares, representing 48.33 per cent of R Systems equity, at Rs 245 apiece.
 "R Systems zooms 20% on Blackstone's open offer to acquire majority stake")
R Systems soars 15% as board to consider share buyback proposal
Buyback is a corporate action in which a company buybacks its shares from the existing shareholders usually at a price higher than the market price
 "R Systems soars 15% as board to consider share buyback proposal")
HBL Power Systems standalone net profit rises 13.62% in the September 2017 quarter
HBL Power Systems standalone net profit rises 13.62% in the September 2017 quarter
