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Capital Group's arm offers 5% stake in IT secure Mastek for Rs 475 crore Business Headlines

.2 minutes read Last Updated: Sep 04 2024|11:51 PM IST.Financial services company Resources Team on Wednesday sold a 5.6 per cent concern in Mastek for over Rs 475 crore by means of open market transactions while ICICI Prudential Stock fund grabbed a concern in the IT services company.Los Angeles-headquartered Capital Team with its associate EuroPacific Growth Fund offloaded 17,19,117 shares, totaling up to a 5.6 per-cent risk in Mastek Ltd, according to the majority offer information on call on the BSE.The portions were actually taken care of at a typical price of Rs 2,766.36 apiece, taking the purchase market value to Rs 475.57 crore.Patronus Tradetech likewise marketed 217 portions of Mastek at Rs 2,845.23 each item.ICICI Prudential Mutual Fund, Ghisallo Expert Fund LP as well as Patronus Tradetech LLP got an overall of 12.34 lakh portions of Mastek in the cost variety varying from Rs 2,751-2,767.51 each, taking the bundled purchase worth to Rs 340.40 crore.Information of the purchasers of Mastek's allotments can not be identified.Reveals of Mastek dropped 4.67 per-cent to finish at Rs 2,769.70 each on the BSE.Last week, Mastek introduced a strategic alliance with Onyx Health, an innovator in healthcare interoperability solutions.The collaboration targets to accelerate the adoption of FHIR (Quick Medical Care Interoperability Resources) standards, driving enriched data interoperability and far better health results for people, the company stated.( Just the headline as well as picture of this record might possess been remodelled due to the Company Specification personnel the rest of the content is auto-generated from a syndicated feed.) First Released: Sep 04 2024|11:51 PM IST.