Six firms including Citigroup Global buy stake in Netweb Tech for Rs 458 cr

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Six firms including Citigroup Global buy stake in Netweb Tech for Rs 458 cr - Business Standard

Quick Summary:

As per the data available on NSE, Citigroup Global Markets Mauritius, Discovery Global Opportunity Mauritius, ICICI Prudential Mutual Fund, Invesco MF, Societe Generale and Union MF bought a total of 20,54,795 shares or 3.64 per cent stake in Netweb Technologies India.

Six entities, including Citigroup Global Markets Mauritius, ICICI Prudential MF and Societe Generale, on Friday acquired stakes in Netweb Technologies India for Rs 458 crore through open market transactions.

Meanwhile, four promoters -- Navin Lodha, Sanjay Lodha, Niraj Lodha and