Foreign Investor Disposes off PVR shares Worth Rs 75 Cr
The 5.67 lakh shares of the largest multiplex company PVR were sold by foreign investor Baron Emerging Markets Fund worth Rs 75 crore in an open market transaction on Friday.
The recent shareholding information of BSE showed that as of April 2018 the seller company held 1.57 per cent stake in PVR and has disposed of 1.21 per cent stake. The shares were offloaded at an average price of Rs 1,332.15, valuing the transaction at exactly Rs 75.53 crore.
The buyers of the shares comprised of:
1)DB International (Asia)
2) TT Asia-Pacific Equity Fund
3) TT Emerging Markets Equity Fund
4) Jana Emerging Markets Share Trust
5)Lockheed Martin Corporation Master Retirement Fund
Baron Emerging Markets Fund seeks capital ...