{"id":90013,"date":"2023-02-14T11:32:00","date_gmt":"2023-02-14T06:02:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=90013"},"modified":"2023-02-14T11:28:30","modified_gmt":"2023-02-14T05:58:30","slug":"biz-shares-coforge","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-shares-coforge\/","title":{"rendered":"Hulst BV divests 9.8% stake in Coforge for Rs 2,430 cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-585631426\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Hulst BV, the promoter of Coforge Ltd (formerly NIIT Technologies), on Monday offloaded 9.8 per cent stake in the IT company for Rs 2,430 crore through an open market transaction.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1182526263\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Hulst BV is owned and controlled by BPEA (Baring Private Equity Asia).<\/p><p>According to the bulk deal data available with the National Stock Exchange (NSE), Hulst BV sold 60 lakh shares, amounting to 9.8 per cent stake in the company.<\/p><p>The shares were offloaded at an average price of Rs 4,050 apiece, taking the transaction value at Rs 2,430 crore.<\/p><div class=\"trade-content_5\" id=\"trade-642914496\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Post the latest transaction, Hulst BV&#8217;s shareholding has reduced to 30.18 per cent from 40 per cent stake in the company.<\/p><p>Nomura India Investment Fund Mother Fund, Kuwait Investment Authority and Aditya Birla Sun Life Mutual fund acquired a total of 13,46,159 shares of the firm.<\/p><p>On Monday, shares of Coforge closed 7.45 per cent lower at Rs 4,011.25 apiece on the NSE. PTI HG SHW SHW<\/p><div class=\"trade-after-content\" id=\"trade-3796001733\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Hulst BV, the promoter of Coforge Ltd (formerly NIIT Technologies), on Monday offloaded 9.8 per cent stake in the IT company for Rs 2,430 crore through an open market transaction. Hulst BV is owned and controlled by BPEA (Baring Private Equity Asia). According to the bulk deal data available with the National Stock Exchange (NSE), [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":18739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-90013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hulst BV divests 9.8% stake in Coforge for Rs 2,430 cr - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Hulst BV, the promoter of Coforge Ltd (formerly NIIT Technologies), on Monday offloaded 9.8 per cent stake in the IT company for Rs 2,430 crore through an open market transaction.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-shares-coforge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hulst BV divests 9.8% stake in Coforge for Rs 2,430 cr\" \/>\n<meta property=\"og:description\" content=\"Hulst BV, the promoter of Coforge Ltd (formerly NIIT Technologies), on Monday offloaded 9.8 per cent stake in the IT company for Rs 2,430 crore through an open market transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/biz-shares-coforge\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-14T06:02:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Coforge-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PTI News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Coforge-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PTI News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-shares-coforge\/\",\"url\":\"https:\/\/tradebrains.in\/features\/biz-shares-coforge\/\",\"name\":\"Hulst BV divests 9.8% stake in Coforge for Rs 2,430 cr - 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