![Vedanta shares slide over 6% amid block deal; promoter entity likely seller](https://images.assettype.com/fortuneindia%2F2023-09%2Fad08d763-74b3-41fd-8e54-8782202fed5b%2FGettyImages_1246741474.jpg?w=300&q=95)
Vedanta shares slide over 6% amid block deal; promoter entity likely seller
Finsider International Company Ltd., a subsidiary of Vedanta Resources, has reportedly proposed to sell 2.6% stake in Vedanta.
Finsider International Company Ltd., a subsidiary of Vedanta Resources, has reportedly proposed to sell 2.6% stake in Vedanta.
Rahul Bhatia, the promoter and managing director of IndiGo, is looking to sell around 2% stake in the company through his entity Interglobe Enterprises.
Asia Opportunities V Mauritius and General Atlantic Singapore Fund were looking to offload shares worth ₹500 crore in PNB Housing via block deal.
Warburg Pincus LLC looks to sell 3.5% stake in Apollo Tyres via block deal at ₹460-465 per share, a 4% discount to Tuesday's closing price.
The promoter group sold 2.53% stake in Cipla, worth around ₹2,637 crore, via block deal today.
Carlyle Group, which currently holds 8.74% shares in YES Bank, is reportedly looking to sell 2% stake via a block deal today.
Standard Chartered Bank is likely to sell its entire 7.18% stake at a floor price of ₹1,672 per share
Whirpool Mauritius, which holds 75% shares in India unit, looks to sell as much as 24% stake for $451 million (around ₹3,749 crore).
Bain Capital is reportedly looking to sell another 1.1% stake worth $444 million in Axis Bank at a floor price of ₹1,109 per share.
Three private equity funds, namely Chrys Capital, Capital Group, and Everbridge Partners, were reportedly looking to sell stakes worth $592 million in Mankind Pharma via the block deal.