Old Bridge Capital buys 3.6% stake in Thangamayil Jewellery

Kenneth Andrade-owned Old Bridge Capital Management has picked up 489,427 shares or 3.6% stake in Madurai-based jewellery retailer Thangamayil Jewellery, bulk deal data on the National Stock Exchange of India’s website showed.

Old Bridge Capital bought the stake at Rs 410 per share, the data showed.

The data separately showed that Balusamy Ramesh sold 5 lakh shares at Rs 410.05 per share. Shares of Thangamayil Jewellery ended down 2.27% at Rs 415.55 on the BSE on Thursday.