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Capital Team's upper arm sells 5% stake in IT secure Mastek for Rs 475 crore Business Updates

.2 minutes read Final Improved: Sep 04 2024|11:51 PM IST.Financial solutions provider Financing Group on Wednesday sold a 5.6 per-cent risk in Mastek for over Rs 475 crore with competitive market purchases while ICICI Prudential Investment fund got a risk in the IT solutions firm.Los Angeles-headquartered Financing Group through its own affiliate EuroPacific Growth Fund offloaded 17,19,117 allotments, totaling up to a 5.6 per-cent stake in Mastek Ltd, based on the bulk deal data accessible on the BSE.The shares were actually disposed of at an ordinary rate of Rs 2,766.36 apiece, taking the purchase value to Rs 475.57 crore.Patronus Tradetech likewise offered 217 portions of Mastek at Rs 2,845.23 each item.ICICI Prudential Mutual Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP acquired a total amount of 12.34 lakh shares of Mastek in the price variation varying from Rs 2,751-2,767.51 each, taking the bundled transaction market value to Rs 340.40 crore.Details of the shoppers of Mastek's reveals might certainly not be identified.Reveals of Mastek decreased 4.67 per cent to end at Rs 2,769.70 each on the BSE.Last week, Mastek revealed a key partnership along with Onyx Wellness, a pioneer in health care interoperability solutions.The collaboration strives to speed up the adopting of FHIR (Swift Medical Care Interoperability Funds) specifications, driving improved data interoperability and better health outcomes for clients, the provider mentioned.( Only the headline as well as picture of this document might possess been actually remodelled due to the Organization Requirement team the rest of the material is actually auto-generated coming from a syndicated feed.) 1st Published: Sep 04 2024|11:51 PM IST.