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Capital Team's arm offers 5% stake in IT strong Mastek for Rs 475 crore Provider Headlines

.2 min read through Final Upgraded: Sep 04 2024|11:51 PM IST.Financial services firm Capital Group on Wednesday sold a 5.6 percent concern in Mastek for over Rs 475 crore with open market deals while ICICI Prudential Stock fund picked up a stake in the IT services firm.Los Angeles-headquartered Resources Group via its partner EuroPacific Development Fund offloaded 17,19,117 portions, amounting to a 5.6 per-cent risk in Mastek Ltd, according to the bulk bargain data readily available on the BSE.The allotments were actually taken care of at a common rate of Rs 2,766.36 each, taking the purchase value to Rs 475.57 crore.Patronus Tradetech likewise marketed 217 reveals of Mastek at Rs 2,845.23 per piece.ICICI Prudential Mutual Fund, Ghisallo Professional Fund LP and Patronus Tradetech LLP got a total amount of 12.34 lakh shares of Mastek in the cost array varying from Rs 2,751-2,767.51 each, taking the bundled deal worth to Rs 340.40 crore.Details of the purchasers of Mastek's reveals can not be actually pinpointed.Portions of Mastek dropped 4.67 per-cent to end at Rs 2,769.70 apiece on the BSE.Last week, Mastek announced a tactical collaboration along with Onyx Wellness, an inventor in health care interoperability answers.The cooperation aims to accelerate the adoption of FHIR (Quick Health Care Interoperability Funds) standards, driving enriched records interoperability and better health results for individuals, the provider pointed out.( Only the headline and photo of this document may have been modified due to the Company Requirement personnel the remainder of the web content is auto-generated from a syndicated feed.) 1st Posted: Sep 04 2024|11:51 PM IST.