Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) has sold 3.8 per cent of its stake in Delhivery for Rs 954 crore through open market transactions. According to the block deal data available with the BSE, SVF Doorbell (Cayman) offloaded 2.80 crore shares in eight transactions, amounting to 3.8 per cent stake in the firm. The shares were sold at an average price of Rs 340.8 each share, taking the aggregate value to Rs 954.24 crore.
Post the latest transaction, the equity shareholding of SVF Doorbell (Cayman) has reduced to 14.58 per cent from 18.42 per cent stake in the company. Saudi Arabian Monetary Authority, City of New York Group Trust, Societe Generale, BNP Paribas Arbitrage, Morgan Stanley Mauritius, Baillie Gifford Emerging Markets Equities Fund were among the buyers of shares.
Delhivery is an Indian logistics and e-commerce supply chain company.
