New Delhi, March 20 Goldman Sachs and ICICI Prudential Mutual Fund collectively purchased over 43.40 lakh shares of real estate major DLF for nearly Rs 231 crore through open market transactions on Friday.
According to BSE block deal data, Goldman Sachs, through its affiliate Goldman Sachs Investments Mauritius I Ltd, and ICICI Prudential Mutual Fund (MF) purchased 21,70,473 shares each, representing a combined 0.17 per cent stake in Gurugram-based DLF.
The shares were acquired at an average price of Rs 531.7 per share, resulting in a combined transaction value of Rs 230.81 crore.
Meanwhile, the British investment management firm Baillie Gifford & Co., through its two affiliates and Best Investment Corporation, also offloaded the same number of shares at the same price.
Best Investment Corporation is a wholly-owned subsidiary of China's sovereign wealth fund, China Investment Corporation.
DLF shares slipped 0.32 per cent to close at Rs 540.70 apiece on the BSE.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.