Citigroup consolidates stake in Macmillan India
Citigroup Global Markets (Mauritius) purchased 574,672 shares amounting to 3.41 per cent stake in Macmillan India on September 21 through open market route.
By PTI |
MUMBAI: Foreign fund Citigroup Global Markets has consolidated its stake in leading book publishing house Macmillan India to 8.49 per cent for Rs 15.83 crore.
Citigroup Global Markets (Mauritius) purchased 574,672 shares amounting to 3.41 per cent stake in Macmillan India on September 21 through open market route.
Calculated on the basis of the closing price of Macmillan India on September 21, the deal amounts to Rs 15.83 crore.
Before this acquisition, the company had 8.53 lakh shares amounting to 5.08 per cent stake which got increased to 8.49 per cent stake pursuant to this acquisition.
Shares of Macmillan closed at Rs 268.65, down 1.45 per cent at the BSE. PTI JD DRR SHR 10051907 DEL NNNN
Citigroup Global Markets (Mauritius) purchased 574,672 shares amounting to 3.41 per cent stake in Macmillan India on September 21 through open market route.
Calculated on the basis of the closing price of Macmillan India on September 21, the deal amounts to Rs 15.83 crore.
Before this acquisition, the company had 8.53 lakh shares amounting to 5.08 per cent stake which got increased to 8.49 per cent stake pursuant to this acquisition.
Shares of Macmillan closed at Rs 268.65, down 1.45 per cent at the BSE. PTI JD DRR SHR 10051907 DEL NNNN
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