Columbia Acorn Fund -Columbia Wanger Asset Management has sold 23.25 lakh shares of Redington (India) through the open market route. The shares were sold on an average price of Rs 97 valuing the transaction to Rs 22.55 crore.
Redington (India) is engaged in the business of vendor-authorized end-to-end supply chain management of information technology (IT) hardware and software products. The company distributes a range of IT products, such as networking, storage, and enterprise products, as well as servers and software solutions.