IRB Infrastructure Developers’ two promoter entities have offloaded 1.2 crore shares of the company for more than Rs 147 crore through open market transactions.
Ideal Toll & Infrastructure, which held 1.06 crore shares or 3.19% stake in the company, sold 81.15 lakh shares while, Dattatray Pandurang Mhaiskar - who held 94.78 lakh shares amounting to 2.85% holding in the company, sold 38.84 lakh shares on the NSE. Mhaiskar also sold 47.98 lakh scrips on the BSE.
Further, HSBC Global Investment Fund A/C Indian Equity Fund has acquired 35.39 lakh shares of IRB Infrastructure for Rs 43.53 crore.