Reliance Mutual Fund has sold over 35 lakh shares of Take Solutions in an open market transaction to the Shriram Group firm, Shriram Entrepreneurial Ventures. The shares were sold on an average price of Rs 30.75 valuing the deal at Rs 10.83 crore.
The asset management company has sold 18 lakh shares on the Bombay Stock Exchange (BSE) and 17.24 lakh shares on the National Stock Exchange (NSE). At the end of September quarter, Reliance Capital Trustee Company - Reliance Small Cap Fund held 35.24 lakh shares or 2.88% stake in Take Solutions.
TAKE Solutions, is a leading global business technology company with domain expertise in Life Sciences (LS) and Supply Chain Management (SCM). TAKE provides cost-effective and comprehensive solutions for enterprises across diverse sectors including pharmaceuticals, high technology, consumer packaged goods, oil/gas, and automotive. TAKE’s SCM product suite includes distinct technology with embedded IP that spans enterprise mobility, trading partner collaboration, and material tracking.
