Mira Asset MF, BlackRock, others have about 1% of AB capital Rs. Buy in 568 CR

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Aditya Birla Capital, Mira Asset MF, BlackRock and Goldum Sachs, bought about 1 percent of Aditya Birla Capital in Aditya Birla Capital, a financial services company on Wednesday, among others, on Wednesday.

According to Block Deal data available on BSE, Motilal Oswal Mutual Fund (MF), Adelvis MF, HSBC MF, New York State Teachers Retirement System, Dublin -based Mediolenum International Funds, and Investment Management Firm -Burla Venus, BSE, BSE.

Eaton Vance is part of Morgan Stanley Investment Management (MSIM). MSIM is the asset management section of US -based Morgan Stanley.

These organizations have a 2.34 crore equity share or 0.9 per cent stake in Aditya Birla Capital in Mumbai. Bought at a price of Rs 242.65, which is worth Rs. 567.80 crore.

Meanwhile, private equity firm Advent International was floated in the same number of stocks in Aditya Birla Capital (AB Capital) by its special purpose vehicle jamie investments.

After the sale of the stock, the share of Jomi investments in AB capital has dropped from 3.84 per cent to 2.94 per cent.

Shares of Aditya Birla Capital closed 1.46 per cent to close at Rs 246.25 per piece on BSE.

In September 2019, AB Capital said that it has been approved by its board to increase the primary equity capital of Rs 2,100 crore through preferential allocation to some marquee investors, including Advent International and the company’s promoters.

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