Jacob Ballas sells 2% stake in PNC Infratech

PTI New Delhi | Updated on January 15, 2018 Published on April 04, 2017

Investment firm NYLIM Jacob Ballas has offloaded 2.02 per cent stake in infrastructure firm PNC Infratech by selling 51.73 lakh shares in the open market.

NYLIM Jacob Ballas India (FVCI) III LLC, which had 2.99 per cent stake earlier, brought down its shareholding in the company to 0.97 per cent by selling shares between March 17- April 3, 2017, PNC Infratech Ltd said in a BSE filing.

Based on the average price of Rs 116.4 per share, the transaction value is estimated at Rs 60.21 crore.

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Published on April 04, 2017
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