ICICI Prudential MF buys 0.61% stake in Star Health for ₹193 crore

ICICI Prudential Mutual Fund acquired shares of Star Health and Allied Insurance Company for ₹193 Crore through an open market transaction.

The purchase consisted of 35,74,074 shares, representing a 0.61% stake in Star Health and Allied Insurance Company. The average price per share was ₹540, resulting in a total transaction value of ₹192.99 Crore.

Details regarding the seller(s) were not disclosed. In a separate bulk deal on the BSE, Abakkus Asset Manager LLP bought shares of rice milling company LT Foods for ₹55 Crore through an open market transaction.

Abakkus Asset Manager purchased 33.93 lakh shares at an average price of ₹162.04 per share, totaling ₹54.98 Crore. Information regarding the sellers of LT Foods shares was not available. IndiaInfoline