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Capital Group's upper arm markets 5% stake in IT strong Mastek for Rs 475 crore Firm Headlines

.2 minutes went through Final Updated: Sep 04 2024|11:51 PM IST.Financial services provider Financing Group on Wednesday offered a 5.6 per cent concern in Mastek for over Rs 475 crore through open market transactions while ICICI Prudential Mutual Fund got a risk in the IT services company.Los Angeles-headquartered Financing Group through its partner EuroPacific Development Fund unloaded 17,19,117 portions, totaling up to a 5.6 per cent concern in Mastek Ltd, according to the majority offer information on call on the BSE.The shares were dealt with at an ordinary rate of Rs 2,766.36 apiece, taking the transaction worth to Rs 475.57 crore.Patronus Tradetech likewise marketed 217 reveals of Mastek at Rs 2,845.23 each piece.ICICI Prudential Investment Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP obtained a total of 12.34 lakh reveals of Mastek in the rate array varying coming from Rs 2,751-2,767.51 apiece, taking the combined purchase value to Rs 340.40 crore.Particulars of the purchasers of Mastek's allotments can not be identified.Portions of Mastek dropped 4.67 per-cent to end at Rs 2,769.70 apiece on the BSE.Last week, Mastek declared a tactical relationship along with Onyx Wellness, a trailblazer in healthcare interoperability options.The cooperation aims to quicken the adoption of FHIR (Rapid Health Care Interoperability Resources) requirements, steering enriched data interoperability as well as far better health end results for people, the provider pointed out.( Just the title and also image of this record might possess been actually revamped due to the Service Criterion staff the rest of the material is auto-generated coming from a syndicated feed.) 1st Released: Sep 04 2024|11:51 PM IST.