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Capital Group's arm markets 5% concern in IT firm Mastek for Rs 475 crore Company News

.2 min reviewed Last Updated: Sep 04 2024|11:51 PM IST.Financial services firm Resources Group on Wednesday sold a 5.6 per-cent stake in Mastek for over Rs 475 crore through free market deals while ICICI Prudential Investment fund grabbed a stake in the IT solutions firm.Los Angeles-headquartered Funding Team by means of its own associate EuroPacific Growth Fund offloaded 17,19,117 portions, amounting to a 5.6 per-cent stake in Mastek Ltd, according to the mass deal records readily available on the BSE.The portions were actually disposed of at an average price of Rs 2,766.36 each, taking the purchase market value to Rs 475.57 crore.Patronus Tradetech additionally offered 217 shares of Mastek at Rs 2,845.23 per item.ICICI Prudential Investment Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP got a total of 12.34 lakh reveals of Mastek in the rate selection varying coming from Rs 2,751-2,767.51 each, taking the mixed deal market value to Rs 340.40 crore.Information of the customers of Mastek's portions might certainly not be recognized.Portions of Mastek dropped 4.67 per-cent to end at Rs 2,769.70 apiece on the BSE.Last week, Mastek declared a key relationship along with Onyx Health and wellness, a pioneer in healthcare interoperability services.The partnership strives to accelerate the adopting of FHIR (Quick Health Care Interoperability Assets) standards, steering enhanced data interoperability as well as far better health end results for people, the provider said.( Merely the heading and also image of this report might possess been revamped due to the Company Criterion workers the remainder of the content is auto-generated coming from a syndicated feed.) 1st Posted: Sep 04 2024|11:51 PM IST.