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Saurab Jain

3rd Sep · SEBI-Registered Analyst

Altius Telecom, Pine Labs See Mega Block Deals

Several notable bulk and block deals took place across companies, involving institutional investors, promoters and global funds.

PINELABS
: Alpha Wave Ventures II LP sold 3.54 crore shares, or 3.07% stake, for ₹549.92 crore at ₹155.10 per share. The shares were acquired by nine domestic and global investors, including ICICI Prudential Life Insurance, Societe Generale, Goldman Sachs Investments Mauritius, Morgan Stanley Asia Singapore and Norges Bank. Altius Telecom Infrastructure Trust: CDPQ Infrastructures Asia III Inc acquired 73.13 crore units, equivalent to a 24% stake, for ₹12,067 crore at ₹165 per unit. GIC-backed Anahera Investment sold a 6.92% stake, while Brookfield-controlled BIF IV Jarvis India offloaded 17.07%. Aster DM Quality Care: Promoter-owned Union (Mauritius) Holdings bought 46.09 lakh shares, or 0.52% stake, for ₹350.34 crore at ₹760 per share from TPG-affiliated Centella Mauritius Holdings. Shreeji Shipping Global: Unity Associates acquired 0.67% stake for ₹70.85 crore from promoters. Wonder Electricals: Nexus Global Opportunities Fund bought an additional 1.13% stake for ₹11.55 crore, following a 1.11% purchase in the previous session. Disclaimer: Investments in securities are subject to market risk. This is for informational purposes only. Investors must verify information before investing and consider their financial position & risk profile."

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