NIVA BUPA Health Insurance protection Block Deal: 7.2% Stake Sale! Test who all are offloading their shares, Ground Tag – Markets

Up to this point Jun 1, 2025 22:38 ist

NIVA BUPA Health Insurance protection Block Deal, Niva Bupa Health Insurance protection Stake Sale: Correct North and Niva Bupa Health Insurance protection’s Managing Director and CEO, Krishnan Ramacandran, are situation to situation a total of 132 million shares within the firm.

The transaction, which could acquire as much as RS 1,082 Crore (Approximately $ 126 Million), Calculated on the Ground Tag, Is Slamed for Commerce on June 2, Per A Timeframe Sheet Seen by Et now.

NIVA BUPA Health Insurance protection Block Deal: Stake Sale Particulars

As Piece of the Profound Block Commerce, Every

Correct North Affiliate Fettle Tone Llp Currently Owns 17.5 Per Center Holding in Niva Bupa.

Fettle tone is planking to dump as much as 122 thousands and thousands shares, or spherical 6.7 Per Center Stake in Niva Bupa While Niva Bupa Ceo and Managing Director Krishnan Ramachandraan Is More seemingly to Dilute 10 Million Shares, Or Spherical 0.5 Per Cent Holding, Souries Told et Now.

NIVA BUPA Health Insurance protection Block Deal Ground Tag

Per the Timeframe Sheet, The Block Deal Provide Pric is RS 82 Per Part, A Reduce worth of 11.1 Per Cent to the Closing PRICE of The Part Niva Bupa at RS 92.298 Per on the Bast on May presumably well also merely 30.

The E-book-Constructing Course of for the Block Deal is Scheneded to Close at 8 AM On Monday, June 2, with An An Possibility For An Earlier Closure with 30 Minutes’ Come all the plot thru. A 30-Day Lock-IN Perod Will Be aware to the Vendors Post-TRARARASACTIONA.

ICici Securities and Kotak Mahindra Capital Are the Investment Banks Acting on the Transaction.

Shares of Niva Bupa Health Insurance protection Closed 0.09 Per Center at RS 92.28 APIECE on FRIDANART WeEK. The Stock Has Evolved 13.28 Per Cent Over the Past One Month, 26.39 Per Cent in Three months and 22.Forty eight Per Cent in Six Months Respectly.

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