In a large deal, Sequoia Investments in India has sold off stake in Ujjivan Financial Services, with 3.47% of total Ujjivan Shares (approximately 4.2 million) sold in the market. The SAST transaction happened with Sequia Capital India Investments.
Zee Media has also seen some recent, large share sales from promoters. Promoters 25FPS and ARM Infra have sold off stake in separate SAST transactions, with 25FPS selling off 2.01% of total shares in the market, while ARM Infra sold off 1.27%. In all, more than 15.3 million shares were sold by these promoters in these transactions alone.