American Balanced Fund on Thursday offloaded 2.9 crore shares of actual property funding belief Embassy Workplace Parks REIT for Rs 1,046 crore by way of an open market transaction.

In line with the majority deal knowledge obtainable with BSE, American Balanced Fund bought 2,92,62,468 shares of the corporate.

The shares had been disposed of at a median worth of Rs 357.61 apiece, taking the transaction dimension to Rs 1,046.45 crore.

In the meantime, ICICI Prudential Mutual Fund picked up the shares of the corporate.

Shares of Embassy Workplace Parks REIT closed 3.56 per cent decrease at Rs 360.94 on BSE on Thursday.

(Solely the headline and movie of this report could have been reworked by the Enterprise Commonplace employees; the remainder of the content material is auto-generated from a syndicated feed.)

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