Capital Team’s upper arm markets 5% stake in IT solid Mastek for Rs 475 crore Business Updates

.2 minutes read through Final Updated: Sep 04 2024|11:51 PM IST.Financial services company Capital Team on Wednesday sold a 5.6 per-cent risk in Mastek for over Rs 475 crore through open market transactions while ICICI Prudential Investment fund got a stake in the IT solutions business.Los Angeles-headquartered Resources Team by means of its affiliate EuroPacific Growth Fund offloaded 17,19,117 portions, totaling up to a 5.6 percent concern in Mastek Ltd, according to the bulk bargain data available on the BSE.The portions were actually gotten rid of at a normal price of Rs 2,766.36 each, taking the purchase worth to Rs 475.57 crore.Patronus Tradetech also sold 217 reveals of Mastek at Rs 2,845.23 each piece.ICICI Prudential Investment Fund, Ghisallo Master Fund LP as well as Patronus Tradetech LLP acquired a total amount of 12.34 lakh reveals of Mastek in the rate variation varying from Rs 2,751-2,767.51 each, taking the mixed purchase value to Rs 340.40 crore.Details of the buyers of Mastek’s shares could possibly not be actually recognized.Reveals of Mastek decreased 4.67 per cent to finish at Rs 2,769.70 each on the BSE.Last week, Mastek revealed a strategic alliance with Onyx Health, an inventor in health care interoperability remedies.The collaboration intends to expedite the adoption of FHIR (Prompt Medical Care Interoperability Assets) requirements, driving boosted records interoperability and better health and wellness outcomes for individuals, the provider said.( Only the headline and also picture of this document may possess been actually reworked by the Business Specification staff the rest of the content is auto-generated coming from a syndicated feed.) Initial Posted: Sep 04 2024|11:51 PM IST.