On February 26, BGR Energy Systems promoter Sasikala Ragupathy divested a 2.51 percent stake in the company. The sale involved 18,11,464 shares, sold at an average price of Rs 79.73 through open market transactions, totaling Rs 14.44 crore. As of December 2023, Sasikala held a 23.99 percent stake in the company. Consequently, BGR Energy Systems stock experienced an 11.18 percent decline, closing at Rs 75.85 in the trading session.
In another development, Minerva Ventures fund acquired a 0.5 percent stake in Easy Trip Planners, purchasing 90,00,000 shares at Rs 48.75 per share, totaling Rs 43.87 crore. Despite this, shares of Easy Trip Planners closed 1.15 percent higher at Rs 48.35.
