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Capital Team's arm sells 5% stake in IT solid Mastek for Rs 475 crore Company News

.2 minutes checked out Last Updated: Sep 04 2024|11:51 PM IST.Financial services firm Funds Team on Wednesday sold a 5.6 percent concern in Mastek for over Rs 475 crore with competitive market deals while ICICI Prudential Mutual Fund got a concern in the IT services provider.Los Angeles-headquartered Capital Team through its associate EuroPacific Growth Fund unloaded 17,19,117 reveals, amounting to a 5.6 per-cent concern in Mastek Ltd, according to the mass bargain records available on the BSE.The reveals were disposed of at a normal price of Rs 2,766.36 apiece, taking the deal market value to Rs 475.57 crore.Patronus Tradetech additionally offered 217 portions of Mastek at Rs 2,845.23 each part.ICICI Prudential Mutual Fund, Ghisallo Expert Fund LP and Patronus Tradetech LLP obtained a total of 12.34 lakh reveals of Mastek in the price array differing coming from Rs 2,751-2,767.51 each, taking the bundled purchase value to Rs 340.40 crore.Information of the purchasers of Mastek's allotments could certainly not be actually identified.Allotments of Mastek declined 4.67 percent to end at Rs 2,769.70 apiece on the BSE.Recently, Mastek announced a strategic partnership along with Onyx Health, an inventor in health care interoperability answers.The collaboration intends to quicken the adopting of FHIR (Swift Health Care Interoperability Assets) criteria, driving improved information interoperability and far better health and wellness outcomes for patients, the company pointed out.( Merely the heading as well as image of this record might possess been revamped by the Company Specification staff the remainder of the content is actually auto-generated from a syndicated feed.) Initial Published: Sep 04 2024|11:51 PM IST.