Stocks

Creador cuts more stake in Cholamandalam Inv

| Updated on January 20, 2018

28Chola Col.eps

Shares of Cholamandalam Investment and Finance Company are likely to remain in focus, as Creador LLC pared some of its stake. Creador, a private equity firm that had entered the company in 2012, has been reducing its stake. According to BSE bulk deal data, the PE major sold 17.6 lakh shares at an average price of ₹875 on Friday. Creador had held about 42.27 lakh shares, representing 2.71 per cent stake in Cholamandalam Investment at the end of March.

Published on May 27, 2016

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