Strategic Ventures Fund (Mauritius) has offloaded 9.33% stake in Alfa Transformers for Rs 81.30 lakh. The investment company has sold 0.5 million shares at a price of Rs 16.25 on the BSE.
As on December 31, 2013, the promoters holding in the company stood at 49.92% while Non-Institutions held 50.08% stake in the company.
Alfa Transformers produces Electrical Distribution & Power Transformers ranging from 10KVA, 12KV Class to Transformers of 10 MVA, 36 KV Class.