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Home Shares PGIM India MF, ADIA promote Newgen Software program shares price Rs 45 crore

PGIM India MF, ADIA promote Newgen Software program shares price Rs 45 crore

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PGIM India MF, ADIA promote Newgen Software program shares price Rs 45 crore

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Two entities — PGIM India Mutual Fund and — on Thursday offloaded shares of Newgen Software program Expertise Ltd price Rs 45 crore by open market transactions.


PGIM India Mutual Fund (PGIM MF) and (ADIA) bought a complete of 12.20 lakh shares of the software program firm, as per bulk deal knowledge accessible with the Nationwide Inventory Change (NSE).


The shares have been disposed of at a median value of Rs 370 apiece, taking the transaction dimension to Rs 45.17 crore.


In the meantime, Massachusetts Institute of Expertise picked up the corporate’s shares.


Shares of Newgen Software program Expertise closed 1.52 per cent decrease at Rs 372.50 on NSE.

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

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