Global equity firm Warburg Pincus has sold 4.66% stake in Havells India for over Rs 407.40 crore. Warburg Pincus group sold 58.20 lakh shares, amounting to 4.66 per cent stake, of Havells India through open market transaction, while Vontobel Funds Inc purchased 56.35 lakh shares of Havells India for Rs 394.45 crore.
Seacrest Investment held 58.20 lakh shares or 4.66% stake in Havells India, at the end of March quarter, while Warburg Pincus International LLC owned 46.07 lakh scrips or 3.69% holding in the company directly.
