Antfin Singapore sells Zomato shares worth Rs 4,771 crore via block deals

                                      

China’s Antfin Singapore Holding Pte sold 18.54 crore shares of food aggregator Zomato or 2.1 per cent equity in bulk deals on the BSE at two price points for over ₹4,770 crore exchange data showed.

The shares were sold in two blocks at ₹257.46 apiece and ₹257.17 apiece on the exchange. There was no information on who had acquired the shares, but market sources said that a number of domestic funds and foreign institutions had been buyers.

                                       

On Monday, Antfin had planned to sell 1.5 per cent stake, but on Tuesday morning it decided to sell more stake. Its stake will now be around 2.1 per cent stake.