Japanese conglomerate Softbank sold 3.8% of its shares in the supply chain firm Delhivery for 954 crores through open market transactions on Wednesday. The shares were sold at an average price of 340.8 rupees (340.8) each, bringing the total value to 954.24 crores.
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SVF Doorbell (Cayman) sold 2.80 crore shares—or 3.8% of the company—in eight transactions, according to block deal data made available by the BSE. The Japanese fund had invested around $380 million (Rs 3,100 crore) in Delhivery, offloaded shares worth $75 million (Rs 618 crore) in its IPO, and held more than 18 percent stake at the end of December.
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