General Atlantic Sells 8.75% Stake in Kfin Tech via Block Deal
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Insights by Echo AI
General Atlantic has sold an 8.75% stake in Kfin Tech, worth approximately ₹1,400 crore, through a block deal. The transaction involved the sale of 1.51 crore shares at ₹925 per share, a 3% discount from the previous closing price of ₹948. The block deal was launched with a floor price set at ₹919.56 per share.
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