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Capital Team's upper arm sells 5% concern in IT secure Mastek for Rs 475 crore Company News

.2 minutes reviewed Last Upgraded: Sep 04 2024|11:51 PM IST.Financial solutions firm Capital Team on Wednesday offered a 5.6 per cent concern in Mastek for over Rs 475 crore through competitive market deals while ICICI Prudential Mutual Fund picked up a stake in the IT services company.Los Angeles-headquartered Capital Group via its own affiliate EuroPacific Development Fund offloaded 17,19,117 reveals, amounting to a 5.6 per-cent stake in Mastek Ltd, according to the majority package information on call on the BSE.The shares were actually disposed of at a normal price of Rs 2,766.36 apiece, taking the deal worth to Rs 475.57 crore.Patronus Tradetech additionally sold 217 portions of Mastek at Rs 2,845.23 per piece.ICICI Prudential Stock Fund, Ghisallo Master Fund LP and also Patronus Tradetech LLP obtained a total of 12.34 lakh reveals of Mastek in the cost selection varying from Rs 2,751-2,767.51 each, taking the consolidated purchase value to Rs 340.40 crore.Information of the buyers of Mastek's allotments could possibly certainly not be determined.Portions of Mastek dropped 4.67 per-cent to end at Rs 2,769.70 each on the BSE.Recently, Mastek declared a key alliance along with Onyx Health and wellness, a trailblazer in healthcare interoperability answers.The collaboration intends to quicken the adoption of FHIR (Prompt Medical Care Interoperability Assets) criteria, steering enhanced records interoperability and also much better health and wellness outcomes for patients, the provider claimed.( Merely the heading and picture of this file might have been actually remodelled by the Business Specification workers the remainder of the material is auto-generated from a syndicated feed.) Very First Published: Sep 04 2024|11:51 PM IST.

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