Lighthouse Advisors India divests 1.3 % stake in Bikaji Foods for INR 156 Crore via open-market transaction. Transaction carried out through Lighthouse India Fund III, involving the sale of 32,42,070 Bikaji shares at an average price of INR 480 per share. Lighthouse India Fund III’s stake in Bikaji reduced to 1.4 % from 2.7 %. At the time of writing, Bikaji Foods was trading at Rs 513.75, a 0.27% increase from the previous day’s close.
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