Citigroup Global acquires 42 lakh shares in HDIL for Rs 33 cr
Sep 17 2012 , Mumbai
According to bulk data available with the stock exchanges, Citigroup Global Markets (Mauritius) purchased 42,05,081 shares in the realty firm. The shares were sold on an average price of Rs 80 valuing the deal to Rs 33.63 crore.
In a separate bulk deal, Mahalaxmi Cresec bought 37.50 lakh shares in TV18 Broadcast Ltd for Rs 24.02 apiece taking the deal size to Rs 90 lakh.
Besides, Credit Renaissance Fund Ltd, which held 47.81 lakh shares or 17.31 per cent stake in EPC Industries at the end of June quarter, offloaded 7.69 lakh shares of the company for Rs 8.69 crore, the stock exchanges data showed.
Meanwhile, Reliance Capital acquired six lakh shares in EPC Industries for Rs 6.77 crore, it added.
On the BSE, shares of realty firm and TV18 Broadcast Ltd jumped by 13.58 per cent and 12.5 per cent to close at Rs 82.40 and Rs 25.20 apiece, respectively.
Shares of EPC Industries grew by five per cent to settle at Rs 124.75 apiece on the BSE.