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Capital Team's upper arm offers 5% concern in IT strong Mastek for Rs 475 crore Provider Information

.2 minutes read Final Improved: Sep 04 2024|11:51 PM IST.Financial services firm Capital Team on Wednesday sold a 5.6 percent stake in Mastek for over Rs 475 crore via competitive market transactions while ICICI Prudential Mutual Fund got a stake in the IT services firm.Los Angeles-headquartered Financing Team through its own affiliate EuroPacific Development Fund offloaded 17,19,117 shares, totaling up to a 5.6 per cent risk in Mastek Ltd, based on the bulk bargain data on call on the BSE.The reveals were actually taken care of at a normal rate of Rs 2,766.36 apiece, taking the deal worth to Rs 475.57 crore.Patronus Tradetech also offered 217 shares of Mastek at Rs 2,845.23 each part.ICICI Prudential Mutual Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP obtained an overall of 12.34 lakh reveals of Mastek in the cost array varying from Rs 2,751-2,767.51 each, taking the bundled transaction market value to Rs 340.40 crore.Details of the buyers of Mastek's allotments could possibly certainly not be identified.Allotments of Mastek declined 4.67 per-cent to finish at Rs 2,769.70 each on the BSE.Recently, Mastek declared a tactical partnership with Onyx Health and wellness, an innovator in medical care interoperability services.The cooperation aims to quicken the adoption of FHIR (Swift Health Care Interoperability Resources) standards, steering enriched records interoperability as well as far better health outcomes for individuals, the business stated.( Only the heading as well as photo of this document may possess been actually remodelled due to the Service Requirement staff the rest of the information is auto-generated coming from a syndicated feed.) 1st Published: Sep 04 2024|11:51 PM IST.