Kalyani Investment Company, BF Utilities has offloaded 117,626 shares of the company between March 6 and March 11 for Rs 6.5 crore through open market. On March 6, Kalyani Investment Company has sold 21,000 shares at Rs 577.75 per share and on March 7, it has sold 16,164 shares at Rs 548.44 a piece on the BSE and NSE.
On March 10, the finance company has sold 34,462 shares at Rs 539.41 per share and March 11, the firm sold another 46,000 shares at Rs 552.38 a piece.
BF Utilities is engaged in power generation through wind mill technology. The company was set up to satiate the power requirements of the Kalyani Group companies, which have business interests in areas of steel making, forging, machining, etc.
