Morgan Stanley Asia (Singapore) has sold 38.6 lakh shares of Shree Renuka Sugars through an open market transaction. The foreign fund house has sold the shares for an average price of Rs 36.25 per share valuing the transaction at about Rs 14 crore.
Morgan Stanley Asia (Singapore) held 1.42% stake constituting 95.23 lakh shares in Shree Renuka Sugars, as at the end of the June quarter.
Besides in another deal, Swiss Finance Corporation (Mauritius) has purchased a little over 39.59 lakh shares of Shree Renuka Sugars at a price of Rs 36.25 per share valuing the transaction for about Rs 14.35 crore.
