Goldman Sachs Asset exits Sterlite Tech, sells 2.13% stake for Rs 84 crore

Quick Summary:

Goldman Sachs Asset Management through its affiliate Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold 1.03 crore shares, amounting to a 2.13 per cent stake in Sterlite Technologies, according to BSE data.

Goldman Sachs Asset Management on Wednesday divested a little over 2 per cent stake in Anil Agarwal promoted-Sterlite Technologies for Rs 84 crore through an open market transaction.

Meanwhile, Bandhan Mutual Fund bought 60.11 lakh shares or 1.23 per cent stake in Sterlite Technologies for Rs 48.69 crore.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Sterlite Technologies Goldman Sachs Asset Management Bandhan Mutual Fund

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 22:32:21 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 13 lines

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Copyright Owner: © Business Standard

News ID: 26682323

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