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Authum Investment & Infra promoter divests 2.7% stake for ₹1,165 cr
Authum Investment & Infra promoter divests 2.7% stake for ₹1,165 cr

Business Standard

time6 days ago

  • Business
  • Business Standard

Authum Investment & Infra promoter divests 2.7% stake for ₹1,165 cr

Mentor Capital, one of the promoters of Authum Investment & Infrastructure Ltd, on Thursday pared a 2.7 per cent stake in the NBFC firm for Rs 1,165 crore through open market transactions. Capital markets veteran Sanjay Dangi and his wife, Alpana Dangi, control Mentor Capital. According to the bulk deal data on the BSE, Mentor Capital offloaded 46.61 lakh shares, representing a 2.74 per cent stake in Mumbai-based Authum Investment & Infrastructure Ltd (AIIL). The shares were disposed of at an average price of Rs 2,500.58 apiece, taking the transaction value to Rs 1,165.60 crore. Meanwhile, US-based Fidelity International through its affiliate bought 27.41 lakh shares or 1.61 per cent stake in AIIL for Rs 685 crore through an open market transaction. The shares were picked up at an average price of Rs 2,500 apiece. Details of the other buyers of Authum Investment & Infrastructure's shares could not be ascertained on the exchange. Shares of Authum Investment & Infrastructure Ltd declined 3.15 per cent to close at Rs 2,891.90 apiece on the BSE. In July, Mentor Capital divested a 3.41 per cent stake in AIIL for Rs 1,307 crore. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Authum Invst Infra promoter pares 2.7 pc stake for Rs 1,165 cr
Authum Invst Infra promoter pares 2.7 pc stake for Rs 1,165 cr

News18

time7 days ago

  • Business
  • News18

Authum Invst Infra promoter pares 2.7 pc stake for Rs 1,165 cr

Agency: PTI New Delhi, Aug 14 (PTI) Mentor Capital, one of the promoters of Authum Investment & Infrastructure Ltd, on Thursday pared a 2.7 per cent stake in the NBFC firm for Rs 1,165 crore through open market transactions. Capital markets veteran Sanjay Dangi and his wife, Alpana Dangi, control Mentor Capital. According to the bulk deal data on the BSE, Mentor Capital offloaded 46.61 lakh shares, representing a 2.74 per cent stake in Mumbai-based Authum Investment & Infrastructure Ltd (AIIL). The shares were disposed of at an average price of Rs 2,500.58 apiece, taking the transaction value to Rs 1,165.60 crore. Meanwhile, US-based Fidelity International through its affiliate bought 27.41 lakh shares or 1.61 per cent stake in AIIL for Rs 685 crore through an open market transaction. The shares were picked up at an average price of Rs 2,500 apiece. Details of the other buyers of Authum Investment & Infrastructure's shares could not be ascertained on the exchange. Shares of Authum Investment & Infrastructure Ltd declined 3.15 per cent to close at Rs 2,891.90 apiece on the BSE. In July, Mentor Capital divested a 3.41 per cent stake in AIIL for Rs 1,307 crore. PTI HG HG MR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Volumes spurt at Hindustan Zinc Ltd counter
Volumes spurt at Hindustan Zinc Ltd counter

Business Standard

time18-06-2025

  • Business
  • Business Standard

Volumes spurt at Hindustan Zinc Ltd counter

Hindustan Zinc Ltd registered volume of 1312.23 lakh shares by 14:14 IST on NSE, a 14.68 fold spurt over two-week average daily volume of 89.38 lakh shares Authum Investment & Infrastructure Ltd, Elgi Equipments Ltd, Vedant Fashions Ltd, KEI Industries Ltd are among the other stocks to see a surge in volumes on NSE today, 18 June 2025. Hindustan Zinc Ltd registered volume of 1312.23 lakh shares by 14:14 IST on NSE, a 14.68 fold spurt over two-week average daily volume of 89.38 lakh shares. The stock slipped 6.56% to Rs.454.45. Volumes stood at 96.23 lakh shares in the last session. Authum Investment & Infrastructure Ltd saw volume of 5.08 lakh shares by 14:14 IST on NSE, a 7.24 fold spurt over two-week average daily volume of 70112 shares. The stock increased 3.17% to Rs.2,513.90. Volumes stood at 44945 shares in the last session. Elgi Equipments Ltd registered volume of 43.2 lakh shares by 14:14 IST on NSE, a 6.8 fold spurt over two-week average daily volume of 6.35 lakh shares. The stock rose 0.92% to Rs.529.60. Volumes stood at 3.3 lakh shares in the last session. Vedant Fashions Ltd recorded volume of 12.44 lakh shares by 14:14 IST on NSE, a 4.07 times surge over two-week average daily volume of 3.05 lakh shares. The stock gained 3.31% to Rs.805.45. Volumes stood at 1.09 lakh shares in the last session. KEI Industries Ltd recorded volume of 9.3 lakh shares by 14:14 IST on NSE, a 3.84 times surge over two-week average daily volume of 2.42 lakh shares. The stock lost 0.71% to Rs.3,587.00. Volumes stood at 4.02 lakh shares in the last session.

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