Investment firm Copthall Mauritius Investment Ltd has sold 37 lakh shares of Indiabulls Real Estate Ltd for Rs 31.08 crore through an open market transaction.

According to the bulk deal data available with BSE, BofA Securities Europe SA bought 37 lakh shares of the company at an average price of Rs 84 apiece. Indiabulls Real Estate shares were closed 5.05 percent lower at Rs 81.85 on BSE.

In a separate deal, HSBC Bank Mauritius Limited AC Jwalamukhi Investments Holdings offloaded 25.70 lakh shares of home appliances major IFB Industries Ltd for Rs 231 crore through an open market transaction.

Plutus Wealth Management LLP picked up 25.02 lakh shares at an average price of Rs 900 apiece, as per the data. The scrip of IFB Industries closed 8.09 percent lower at Rs 877.40 on BSE.

Categories: Uncategorized

Tags: Copthall Mauritius, Funding, Indiabulls, Investment, Startup, Venture Capital