Bulk Deals: From Godrej Properties, Godrej Agrovet to HDFC Life

As per the bulk deal data on the BSE showed that the promoter Godrej Industries acquired 31,26,102 equity shares in Godrej Agrovet by 1.6% of total paid-up equity at Rs621.51 per share.

Jun 30, 2021 09:06 IST India Infoline News Service

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A host of stocks have witnessed a bulk deal on Tuesday's bell on the stock exchanges where promoter acquired equity stake on the other hand it has pared stake. These companies are – Godrej Properties, Godrej Agrovet and HDFC Life Insurance Company.

On June 29, the bulk deal data showed that the Promoter of Godrej Industries has acquired an equity stake in Godrej Properties and Godrej Agrovet.

According to the bulk deal data showed on the NSE, promoter Godrej Industries bought has 70,42,374 equity shares in Godrej Properties by 2.53% of total equity at Rs1,416 per share.

As per the bulk deal data on the BSE showed that the promoter Godrej Industries acquired 31,26,102 equity shares in Godrej Agrovet by 1.6% of total paid up equity at Rs621.51 per share.

Among other promoters, Anamudi Real Estates LLP sold 66,33,552 equity shares and Godrej Seeds and Genetics sold 84,86,859 equity shares in Godrej Industries at Rs575 per share on the BSE. Promoters in total sold 4.49% of total paid up equity, the data showed.

Meanwhile, promoter Standard Life (Mauritius Holdings) 2006 Ltd sold 5,04,22,552 equity shares in HDFC Life Insurance Company representing 4.99% of total paid up equity at Rs672.89 and Rs672.46 per share respectively on the BSE.

As of March 2021, Standard Life held 8.88% stake in HDFC Life.

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