Max Healthcare

Max Ventures Investment Holdings sold shares worth Rs 182 crore in Max Healthcare Institute. Max Ventures Investment Holdings offloaded 1.67 crore shares of Max Healthcare at Rs 108.88 apiece, valuing the deal at ₹181.96 crores. This is as per the bulk deal data on the BSE.

Bharat Petroleum

The BPCL management said that 2% of its treasury stock will be transferred to a separate trust and the remaining 7.33% may be sold in a bulk deal. However, the final decision on the bulk deal is expected sometime next month.
The company’s management also said that the government is aiming to complete privatisation by the ongoing financial year. The chairman expects the privatisation to ‘unlock great values’ for the company.

Also, BPCL is in talks with Bharat Oman Refinery for acquiring remaining stake in the venture.

Zydus Wellness

The company approved the issue and allotment of 38 lakh shares to qualified institutional buyers at an issue price of ₹1,690 per share. This comes up to ₹650 core.

Central Bank of India

The bank approved the allotment of 16.58 crore shares to qualified institutional buyers at issue price of ₹15.38 per share. The total value comes up to Rs 255 crore.

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing.

Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.