Morgan Stanley, Citigroup, 6 more buy 1.6% stake in Delhivery for Rs 461 crore

Morgan Stanley, Citigroup, 6 more buy 1.6% stake in Delhivery for Rs 461 crore

Morgan Stanley, Citigroup Global Markets Singapore and six more entities last Thursday bought a 1.6 percent stake in logism Solution to give false for Rs 461 crore by open market transactions.

Besides, HDFC Fund each other (MF), Axis MF, Tata MF, Asset Question and Health Hill, Hill Fort Capital and Hong-Kong-based investment investment in Kong Block Deal to the NSE.

Entities choose more than 1.19 parts of equity equity or 1.6 percent company stake at an average price of Rs 387, taking the combined amount of Rs 461 crore.

While, Capital venture The firm Nexus Venture Partners, by the responsibility of Nexus Opportunity funds And the Nexus focuses on III, lodged in equal number of parts at the same price.

In the quarter of March, the Nexus Ventures III owned by a 5.88 percent holding Deliverry.


Derhivry parts decreased 0.54 percent to close Rs 386.05 per NECHENT piece of ECOM Spears at Rs 1,400 crore to scaling its business.

The company says it has “signed a definite agreement to claim a controlled stake in ECOM express for a cash consideration around the shareholders”.

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