Ace investor Radhakishan Damani and related entities sold around 6.91 crore shares or about 24% stake in India Cements to Ultratech Cement through a block deal.
The total stake sold by Damani and his entities comes to around 24% and the sale was done at an average price of Rs 277 apiece. Through the deal, Damani and his controlled entities bagged around Rs 1,914 crore.
More to come….
