HDFC Mutual Fund, Carnelian Asset Management & Advisors and Larsen & Toubro (L&T) have cumulatively bought 2.9% stake in EAAA India Alternatives through open market transactions. HDFC Mutual Fund has acquired around 8.06 lakh shares, representing 1.24% of total share holding, of the company for around Rs 135.42 crore, at Rs 1,679.75 per share. Further, Carnelian Asset Management & Advisors has bought 7 lakh shares, representing 1.08% of total share holding, for around Rs 118.43 crore, at Rs 1,691.80 per share. Additionally, L&T has acquired around 3.72 lakh shares, representing 0.57% of total share holding, for around Rs 62.55 crore, at Rs 1,682.32 per share.
EAAA India Alternatives is a SEBI registered Investment Manager for co-investment portfolio management services and Alternative Investment Funds and provides non-binding advisory services to certain offshore funds of its subsidiary.