NSE-BSE bulk deals: Sunil Singhania’s Abakkus picks up stake in IDFC via bulk deal

MUMBAI: Distinguished asset supervisor Sunil Singhania’s Abakkus Rising Alternatives Fund – 1 has picked up 0.6 per cent stake or 10 million shares of IDFC Ltd by means of a bulk deal on the BSE at Rs 38.75 apiece.

Apart from Abakkus Asset Supervisor LLP, Avendus Absolute Return Fund and Morgan Stanley Asia Singapore PTE have additionally purchased 14.96 million and 13.2 million shares respectively in IDFC through separate bulk offers on the BSE.

In a separate deal, Sipadan Investments (Mauritius), an organization owned by the sovereign wealth fund of Malaysia Khazanah Nasional, offered 82.65 million shares or 5.17% stake in IDFC at Rs 38.76. Previous to at present’s stake sale, Sipadan Investments held 9.47% stake within the monetary providers firm.

In the meantime, Elara India Alternatives Fund offered 2.14 million shares of SE Energy Ltd at Rs 4 per share on the National Stock Exchange.

Listed below are all of the BSE bulk offers:

Listed below are all of the NSE bulk offers: