Another block deal, another promoter stake sale -

promoter entities Bajaj Holdings and Jamnalal Sons private limited to sell 1.6% stake in the firm for estimated ₹4,750 crore ($550 million). This deal could also increase by another ₹1,078 crore (0.36% stake). The block deal will hit tomorrow and Kotak securities is the broker. As of March 31,2024, Bajaj Holdings had 39.03% stake and Jamnalal Sons has 9.7% stake. Disclaimer- Investment and trading is subject to market risk, take advice from your adviser before taking any trade, above information is only for knowledge purpose, it is not any advice or suggestion.