Centum Electronics promoter sells 4.5% stake for Rs 153 crore

Mallavarapu Venkata Apparao, a promoter of Centum Electronics, divested a 4.53 percent stake in the company. The sale occurred through an open market transaction, generating Rs 153 crore. HDFC Mutual Fund acquired a 1.5 percent stake. 3P Investment Managers, through its affiliates, secured a 2.04 percent holding. The transactions impacted shareholding percentages.

from Stocks-Markets-Economic Times https://ift.tt/xSXajR1