GMR AIRPORTS532754Airport infrastructure
A large block deal of about 9.1 crore shares took place in GMR Airports, with GQG reported as the seller in a clean-out trade
- Shares in block deal
- 9.1 crore shares
Heard on business television between 15:14:42 - 15:17:42 IST.
- Nimesh had earlier flagged speculation of a large block deal in GMR Airports with buy-side interest indicated.
- A block trade of nearly 9 crore (later confirmed 9.1 crore) shares was reported across exchanges.
- Nimesh said GQG appeared to be the seller, calling it a clean-out trade similar to what happened with ITC.
- Large domestic mutual funds were seen as likely buyers in the block deal.
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