Two entities -- HDFC Mutual Fund (MF) and DSP MF have divested a 2.9 per cent stake in VST Industries for Rs 152 crore through open market transactions. According to the bulk deal data available with the BSE, HDFC Mutual Fund sold 2 lakh equity shares and DSP MF disposed of 2.50 lakh shares, amounting to a 1.3 per cent stake and 1.6 per cent stake in the company, respectively. The shares were offloaded in the price range of Rs 3,390-3,390.13 apiece, taking the combined transaction value to Rs 152.55 crore.
VST Industries is an India-based company, which is engaged in manufacture of cigarettes containing tobacco and unmanufactured tobacco.
