HDFC Mutual Fund has acquired 1.74% stake in Tonbo Imaging India through open market transactions worth around Rs 117.73 crore. HDFC Mutual Fund has acquired 5 lakh shares at an average price of Rs 1,154.64 apiece and another 5 lakh shares at an average price of Rs 1,200.00 apiece.
Additionally, Bajaj Life Insurance has acquired 1.57% stake in the company through open market transaction worth around Rs 102.15 crore. Bajaj Life Insurance has acquired 9 lakh shares at an average price of Rs 1,134.96 apiece.
On the other hand, Yali Capital has exited the company by selling its entire 4.18% shareholding held in the company for around Rs 256.61 crore. Yali Capital, through Yali Deeptech Fund I, has offloaded 24 lakh shares at an average price of Rs 1,069.22 apiece.
Tonbo Imaging India is a global defence electronics original equipment manufacturer (OEM). It designs, develops and manufactures sensing, processing, communication and guidance systems for surveillance, reconnaissance, targeting, and control.
