Kayak Investments Holding, Definitely one of many promoter entities of Max Healthcare Institute Ltd, on Wednesday purchased 8.44 crore shares of The agency for Rs 2,956 crore by way of open market transactions.
The shares have been picked up by Veritas Funds Plc, SBI Mutual Fund and HDFC Mutual Fund amongst others.
Based mostly on bulk deal knowledge out there with the Nationwide Inventory Commerce (NSE), Kayak Investments, an affiliate Of private equity primary KKR, offloaded 8.44 crore shares of Max Healthcare.
As many as 6.02 crore shares have been purchased at A imply worth of Rs 350, whereas 2.42 crore scrips have been divested at Rs 350.13. At these prices, the transactions have been valued at Rs 2,955.74 crore.
As of June 2021, Kayak Investments held 47.24 per cent stake or 45.63 crore shares in Max Healthcare.
Max Healthcare settled at Rs 355.75 apiece on the NSE, down 3.77 per cent from the earlier shut.
(Solely the headline And film of this report might have been reworked by the Enterprise Regular staff; The Reprimaryder of the content material is auto-generated from a syndicated feed.)
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