Goldman Sachs, Morgan Stanley buy Aditya Birla Capital stake in Rs 819 crore block deal – News Air Insight

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Aditya Birla Capital witnessed a major block deal worth Rs 819 crore on Tuesday as Advent International‘s arm Jomei Investments sold 2.66 crore shares of the financial services arm of the Aditya Birla Group at Rs 308 per share on the NSE.

The transaction saw strong institutional participation, with marquee investors including Goldman Sachs Bank Europe SE, Morgan Stanley Asia Singapore Pte, HDFC Life Insurance, ICICI Prudential Life Insurance, SBI Mutual Fund, Motilal Oswal Mutual Fund, Norges Bank, and ITI Mutual Fund emerging as buyers. The deal price was broadly in line with the stock’s prevailing market levels.

Data from the exchanges showed Goldman Sachs Bank Europe SE bought a total of around 15.7 lakh shares, Morgan Stanley Asia Singapore Pte picked up over 39 lakh shares, while Norges Bank, the Norwegian sovereign wealth fund, acquired 32.6 lakh shares. Other large purchases included ITI Mutual Fund’s 22.7 lakh shares, HDFC Life’s 25 lakh shares, and ICICI Prudential Life’s 10.5 lakh shares.

Plutus Wealth Management LLP was also among the active buyers, purchasing about 65 lakh shares in two separate tranches, while SBI Mutual Fund acquired 16.2 lakh shares.

The total traded quantity across all block transactions amounted to roughly 2.66 crore shares, equivalent to nearly 1.1% of Aditya Birla Capital’s total equity.


Shares of Aditya Birla Capital ended marginally lower in Wednesday’s session, reflecting investor confidence amid strong institutional inflows.The presence of multiple global and domestic institutions in the transaction suggests growing appetite for diversified financial services platforms within the Aditya Birla Group.



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