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TPG Capital sells entire 11.25% stake in Landmark Cars

24 Jun 2023 Evaluate

TPG Capital has sold its entire 11.25 per cent stake in automobile dealership chain Landmark Cars for Rs 293 crore through an open market transaction. With this transaction, TPG has exited the automobile dealership company.

TPG through its affiliate TPG Growth II SF divested a total of 44.56 lakh shares, amounting to an 11.25 per cent stake in Landmark Cars. The transaction took place at Rs 658 per share, aggregating the transaction size to Rs 293 crore.

Landmark Cars is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault.


Landmark Cars Share Price

426.85 -4.20 (-0.97%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Popular Vehicles 99.14
Competent Auto 374.55
Landmark Cars 426.85
CarTrade Tech 1857.00
Resourceful Auto. 39.00
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