New Delhi, Dec 28 (PTI) Amulya Leasing & Finance’s promoter Sameer Gupta today sold over 35 per cent stake in the firm for more than Rs 98 crore through an open market transaction. Also Read - 16 Countries Provide Visa-Free Entry to Indian Passport Holders: Govt Tells Rajya Sabha
According to the bulk deal data available with BSE, Gupta disposed of 17,62,991 shares, amounting to 35.25 per cent stake, in the firm. Also Read - Mauritius Declares Environmental Emergency After Massive Oil Spill: All That We Know So Far
As on September 2017, Gupta held almost similar stake in the company, according to the BSE data. Also Read - Our Cooperation With Other Nations Does Not Come With Conditions: PM Modi's Veiled Attack on China
The shares were offloaded at an average price of Rs 557.13 apiece, valuing the transaction at Rs 98.22 crore, the data showed.
Among the buyers of the shares were Vertex Suppliers and FIL Investments (Mauritius).
The shares of Amulya Leasing & Finance ended at Rs 594.55, up 5 per cent from the previous close on BSE.
This is published unedited from the PTI feed.