Clearwater Capital Partners (Cyprus) has offloaded 30 lakh shares of Diamond Power Infrastructure through the open market route. The shares were sold on an average price of Rs 90.30 valuing the transaction to Rs 27.09 crore. On the other hand, Antique Finance has bought 9 lakh shares in the company for an average price of Rs 90.30, through open market route valuing the transaction at Rs 8.12 crore.
Diamond Power Infrastructure is engaged in five business verticals--cables (low, high and extra high voltage), conductors, transformers, towers and various EPC projects-- where it undertakes planning, designing and commissioning of turnkey transmission and distribution projects.
