Orient Global Cinnamon Capital has bought 1.76 crore shares of Indiabulls Real Estate at Rs 200 per share on the NSE on June 22, 2017. Cinnamon Capital has also bought 34 lakh shares of the company at the same rate.
However, IBREL IBL Scheme Trust has sold 80 lakh shares at Rs 203.33 on the NSE and has sold 2.50 crore shares at Rs 200 on the BSE.
Indiabulls Real Estate is India's third largest real estate company, with its focus on construction and development of residential, commercial and SEZ projects across major Indian metros.