MUMBAI: Promoters Angad Estates, Extremely Portfolio Administration, BS Sandhu & Associates and Amar Engineering bought shares of Shivalik Bimetal Controls value Rs 632.13 crore in a block deal on NSE Friday.
They bought 1.03 crore shares at Rs 610.6 apiece. As of June 30, the promoters collectively held 18.77% stake within the firm.
Aditya Birla Solar Life MF, Sundaram MF, HSBC MF, Franklin Templeton MF and India Acorn Fund have been among the many patrons within the deal. Shares of Shivalik Bimetal Controls gained 1.18% to shut at Rs 624 on Friday.