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Capital Team's arm markets 5% risk in IT firm Mastek for Rs 475 crore Company Headlines

.2 minutes reviewed Last Upgraded: Sep 04 2024|11:51 PM IST.Financial solutions provider Financing Group on Wednesday sold a 5.6 per-cent risk in Mastek for over Rs 475 crore via open market deals while ICICI Prudential Investment fund grabbed a risk in the IT solutions business.Los Angeles-headquartered Capital Team via its partner EuroPacific Growth Fund unloaded 17,19,117 allotments, totaling up to a 5.6 per cent risk in Mastek Ltd, as per the majority package records available on the BSE.The allotments were taken care of at a typical price of Rs 2,766.36 each, taking the transaction worth to Rs 475.57 crore.Patronus Tradetech additionally sold 217 portions of Mastek at Rs 2,845.23 per piece.ICICI Prudential Stock Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP obtained a total amount of 12.34 lakh portions of Mastek in the cost assortment differing from Rs 2,751-2,767.51 apiece, taking the bundled deal market value to Rs 340.40 crore.Details of the customers of Mastek's allotments can not be pinpointed.Shares of Mastek declined 4.67 per cent to end at Rs 2,769.70 each on the BSE.Recently, Mastek revealed an important collaboration with Onyx Wellness, an inventor in medical care interoperability solutions.The partnership aims to accelerate the adopting of FHIR (Prompt Medical Care Interoperability Resources) standards, steering boosted data interoperability as well as far better health and wellness results for patients, the business stated.( Merely the headline and image of this file might possess been actually modified due to the Company Criterion staff the remainder of the material is auto-generated from a syndicated feed.) Very First Released: Sep 04 2024|11:51 PM IST.