Dunearn cuts stake in Devyani International

BL Chennai Bureau | Updated on: Aug 23, 2022

The stock on Tuesday closed at ₹185.85 on the BSE

Shares of Devyani International Ltd closed over 5 per cent lower on Tuesday after Dunearn Investments (Mauritius) Pte Ltd sold nearly 3 per cent stake through block deal.

According to BSE bulk deal data, Dunearn sold 2.63 crore shares at an average price of ₹183.11. According to June quarter shareholding pattern, Dunearn had held 19.60 crore shares or 16.26 per cent stake in the company. The stock on Tuesday closed at ₹185.85 on the BSE, after hitting a low of ₹182.50 in early deal.

Published on August 23, 2022
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