Nexus, via its affiliates Nexus Ventures III and Nexus Opportunity Fund II Ltd, sold 6.4 million shares in two bulk deals on the BSE, priced between Rs 752.35 and Rs 753.27 per share, resulting in a total deal value of Rs 4.81 billion. This transaction reduced Nexus' stake in the company from 21.32% to 15.35%.

Meanwhile, Goldman Sachs and SBI Life Insurance increased their stakes in India Shelter Finance, acquiring a combined 1.31% stake for Rs 1.06 billion. Goldman Sachs purchased 742,000 shares, raising its stake to 1.78%, while SBI Life Insurance bought 670,000 shares, increasing its holding to 2.56%.

Additionally, ICICI Prudential Life Insurance acquired 770,000 shares, or 0.72% stake, for Rs 579.3 billion. Other buyers of India Shelter Finance shares remain undisclosed.

(ET)