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Capital Group's upper arm markets 5% stake in IT strong Mastek for Rs 475 crore Provider News

.2 min checked out Final Upgraded: Sep 04 2024|11:51 PM IST.Financial solutions firm Resources Team on Wednesday sold a 5.6 per cent risk in Mastek for over Rs 475 crore with free market transactions while ICICI Prudential Investment fund got a stake in the IT solutions company.Los Angeles-headquartered Resources Group with its own affiliate EuroPacific Development Fund unloaded 17,19,117 portions, totaling up to a 5.6 percent concern in Mastek Ltd, as per the bulk offer data offered on the BSE.The reveals were actually taken care of at a normal rate of Rs 2,766.36 each, taking the purchase value to Rs 475.57 crore.Patronus Tradetech also sold 217 allotments of Mastek at Rs 2,845.23 per item.ICICI Prudential Investment Fund, Ghisallo Professional Fund LP and Patronus Tradetech LLP acquired a total of 12.34 lakh shares of Mastek in the rate assortment varying from Rs 2,751-2,767.51 each, taking the consolidated deal value to Rs 340.40 crore.Details of the buyers of Mastek's portions could certainly not be determined.Portions of Mastek decreased 4.67 per cent to finish at Rs 2,769.70 each on the BSE.Recently, Mastek declared an important partnership along with Onyx Wellness, a trendsetter in healthcare interoperability remedies.The partnership intends to speed up the fostering of FHIR (Prompt Healthcare Interoperability Assets) standards, driving enriched data interoperability and better health and wellness end results for patients, the firm stated.( Merely the heading and also picture of this document may have been revamped by the Organization Requirement team the remainder of the information is auto-generated from a syndicated feed.) Initial Published: Sep 04 2024|11:51 PM IST.

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