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Capital Team's upper arm sells 5% risk in IT solid Mastek for Rs 475 crore Provider News

.2 minutes read Last Upgraded: Sep 04 2024|11:51 PM IST.Financial services provider Financing Group on Wednesday marketed a 5.6 per cent stake in Mastek for over Rs 475 crore through competitive market deals while ICICI Prudential Stock fund picked up a concern in the IT solutions firm.Los Angeles-headquartered Resources Team through its own associate EuroPacific Growth Fund unloaded 17,19,117 shares, amounting to a 5.6 per-cent stake in Mastek Ltd, according to the majority package information readily available on the BSE.The allotments were disposed of at a typical cost of Rs 2,766.36 apiece, taking the deal value to Rs 475.57 crore.Patronus Tradetech likewise offered 217 portions of Mastek at Rs 2,845.23 each item.ICICI Prudential Investment Fund, Ghisallo Master Fund LP and also Patronus Tradetech LLP obtained an overall of 12.34 lakh shares of Mastek in the price range varying from Rs 2,751-2,767.51 each, taking the consolidated transaction value to Rs 340.40 crore.Details of the purchasers of Mastek's allotments could certainly not be recognized.Portions of Mastek dropped 4.67 percent to end at Rs 2,769.70 each on the BSE.Recently, Mastek declared an important alliance along with Onyx Wellness, an innovator in health care interoperability solutions.The collaboration aims to quicken the adopting of FHIR (Quick Medical Care Interoperability Resources) specifications, driving enriched information interoperability and far better health outcomes for individuals, the company pointed out.( Only the heading and also picture of this report might possess been reworked due to the Organization Requirement workers the rest of the web content is actually auto-generated coming from a syndicated feed.) First Published: Sep 04 2024|11:51 PM IST.

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