Manulife Global Fund Asian Small Cap Equity Fund (MLAS) has sold 2.12 lakh shares of BF Utilities through the open market route. The shares were sold on an average price of Rs 468.64 valuing the transaction to Rs 9.94 crore
BF Utilities is engaged in power generation through wind mill technology. The company was set up to satiate the power requirements of the Kalyani Group companies, which have business interests in areas of steel making, forging, machining, etc.