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Basic Atlantic Singapore sells 1.66 mn shares of KIMS value Rs 204 cr

Singapore Kh Pte Ltd on Thursday offloaded 16.60 lakh of hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) for Rs 204 crore via an open market transaction.

In accordance with the majority deal knowledge out there with the Nationwide Inventory Trade (NSE), the have been bought at a mean value of Rs 1,230 apiece, valuing the transaction at Rs 204.18 crore.

On the finish of June quarter, Singapore Kh Pte Ltd owned 17.24 per cent stake within the firm, as per knowledge out there with the bourse.

Emerald Investments Ltd picked up 15,70,000 on the similar value.

KIMS shares closed 5.24 per cent increased at Rs 1,266.80 on NSE.

In a separate transaction, TPG Dodla Dairy Holdings divested shares of dairy firm Dodla Dairy Ltd for Rs 193 crore via open market transactions.

TPG Dodla Dairy Holdings Pte Ltd bought 27,63,535 shares in 4 tranches on BSE and 10,40,000 shares on NSE, in keeping with block deal knowledge out there with NSE and BSE.

The shares have been disposed of at a mean value of Rs 509 apiece on each BSE and NSE, taking the mixed transaction worth to Rs 193.59 crore.

In the meantime, India Acorn Fund, Whiteoak Capital Mutual Fund, New Mark Capital India Fund, Steinberg India Rising Alternatives Fund, Ashoka India Fairness Funding Belief, Plutus Wealth Administration LLP and Morgan Stanley Asia Singapore Pte picked up the shares of the corporate.

TPG Dodla Holdings Pte Ltd held 9.80 per cent stake within the firm on the finish of the June quarter.

Shares of Dodla Dairy closed 6.65 per cent increased at Rs 547.05 apiece on BSE and 6.80 per cent up at Rs 547.10 on NSE.

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

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