MUMBAI: CMDB II, a private equity fund run by JP Morgan Investment Management, sold 250,000 shares or little over 1 per cent stake in at Rs 880 apiece today through two separate bulk deals on the BSE and National Stock Exchange.
Prior to the stake sale, CMDB II held 5.7 per cent stake in the match-making platform.
Shares of Matrimony.com ended 4.3 per cent lower at Rs 867 on the NSE.
In another deal, Davos International Fund bought 2.5 million shares of Celebrity Fashions at Rs 5.3 per share through a bulk deal on the NSE.
Both the NSE and BSE had not updated the block deals data on the website at the time of publishing.
