Kacholia sold 423,005 shares of the newly listed company at Rs. 959.6 per share through a bulk deal on NSE. The KIMS stock made a debut on the bourses with a 22 per cent gain from the issue price of Rs 825 but closed the day 2 per cent lower. The Economic Times had earlier reported that Kacholia had applied for 2 million shares of the hospital-chain owner.
Similarly, Societe Generali sold 442,513 shares of KIMS on its debut at Rs 981.41 apiece through a bulk deal on NSE.
Did you Know?
Stock score of Tanla Platforms Ltd moved down by 1 in a month on a 10-point scale.
View Latest Stock Report »
Meanwhile, SBI Life Insurance Company and Smallcap World Fund bought a stake in Tanla Platforms through separate block deals on NSE.
SBI Life bought 5,00,000 shares of
Platforms through a block deal whereas Smallcap World Fund bought 464,376 shares of the company. Both transactions were at Rs 836.8 apiece.
In a separate transaction, Banyan Investments sold 714,376 shares of Tanla Platforms at Rs. 836.8 per share through a block deal on NSE.
Here are the other major bulk and block deals that took place on both bourses on Monday: