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Capital Team's arm sells 5% risk in IT strong Mastek for Rs 475 crore Business Information

.2 minutes read Final Updated: Sep 04 2024|11:51 PM IST.Financial solutions firm Resources Group on Wednesday sold a 5.6 per-cent concern in Mastek for over Rs 475 crore through open market deals while ICICI Prudential Investment fund got a stake in the IT solutions provider.Los Angeles-headquartered Financing Group via its affiliate EuroPacific Growth Fund offloaded 17,19,117 shares, amounting to a 5.6 per cent risk in Mastek Ltd, according to the bulk deal records accessible on the BSE.The portions were taken care of at an ordinary rate of Rs 2,766.36 apiece, taking the deal market value to Rs 475.57 crore.Patronus Tradetech also sold 217 shares of Mastek at Rs 2,845.23 each part.ICICI Prudential Stock Fund, Ghisallo Expert Fund LP as well as Patronus Tradetech LLP obtained an overall of 12.34 lakh shares of Mastek in the price assortment varying from Rs 2,751-2,767.51 apiece, taking the mixed transaction value to Rs 340.40 crore.Particulars of the customers of Mastek's portions might certainly not be determined.Portions of Mastek dropped 4.67 per cent to end at Rs 2,769.70 each on the BSE.Recently, Mastek announced a critical alliance along with Onyx Wellness, an innovator in medical care interoperability services.The partnership strives to quicken the adoption of FHIR (Swift Health Care Interoperability Funds) standards, steering improved information interoperability as well as far better health and wellness outcomes for patients, the business said.( Just the headline as well as photo of this report may possess been revamped due to the Business Standard staff the rest of the information is auto-generated from a syndicated feed.) Initial Posted: Sep 04 2024|11:51 PM IST.