Route One Fund I LP has purchased 2,571,957 shares of India’s only listed gaming and hospitality company, Delta Corp in an open market transaction. The shares were bought at an average price of Rs 71.71 a piece on National Stock Exchange (NSE) on April 15, 2013.
Route One Fund I LP has earlier on April 10, 2013 purchased 2,917,420 shares of Delta Corp on NSE at an average price of Rs 57.94 a piece.
Delta Corp is the largest gaming company in India and the only listed company in this space. The company is an early entrant in this space and has attained a leadership position in a short span of time.