Invesco on Monday divested its entire stake – 5.11% – in Zee Entertainment Enterprises Ltd. for ₹1,004 crore by way of an open market transaction.
Segantii India Mauritius, Morgan Stanley Asia Singapore Pte and Goldman Sachs Singapore Pte ODI have been among the many consumers of the shares.
U.S.-based funding agency Invesco, by way of its arm OFI Global China Fund LLC, offloaded the shares in Zee Entertainment Enterprises Ltd. (ZEEL).
According to the majority deal knowledge accessible with the BSE, OFI Global China Fund offered greater than 4.91 crore shares, amounting to five.11% stake within the agency.
The shares have been disposed at a mean worth of ₹204.50 apiece, taking the transaction worth to ₹1,004.34 crore.
As of March quarter, OFI Global China Fund held greater than 4.91 crore shares, equal to five.11% stake within the Mumbai-based media and leisure firm.
Shares of Zee Entertainment closed 2.11% decrease at ₹203.80 per piece on the BSE.
