Max Healthcare Institute’s promoter sells shares worth Rs 182 crore

By: |
September 28, 2020 7:47 PM

As per the bulk deal data on the BSE, Max Ventures Investment Holdings offloaded 1.67 crore shares of Max Healthcare at Rs 108.88 apiece, valuing the deal at Rs 181.96 crore.

Max Ventures Investment Holdings is a promoter of Max Healthcare Institute, and held 11.35 per cent stake in the firm. 

 

Max Ventures Investment Holdings, a promoter of Max Healthcare Institute, sold co’s shares worth nearly Rs 182 cr on Monday through an open market transaction. As per the bulk deal data on the BSE, Max Ventures Investment Holdings offloaded 1.67 crore shares of Max Healthcare at Rs 108.88 apiece, valuing the deal at Rs 181.96 crore.

According to shareholding data for June 2020, Max Ventures Investment Holdings is a promoter of Max Healthcare Institute, and held 11.35 per cent stake in the firm. Through a separate transaction, Smallcap World Fund Inc bought 1.14 crore scrips of Max Healthcare at Rs 108.75 apiece. The total deal value stood at Rs 123.97 crore.

Shares of Max Healthcare Institute Ltd on Monday closed 5.74 per cent higher at Rs 116.15 on the BSE.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Tyagi highlights risks owing to disconnect between markets & economy
2Wall Street slides on tech selloff as bond yields rise
3Trading halt: Sebi assures underlying causes, including institutional deficiencies, will be addressed