According to block deal data on the BSE, Fettle Tone sold 8.14 crore shares at an average price of ₹82.76 and 9.15 crore shares at ₹82.11 while Ramachandran offloaded at ₹82.30 a share
Domestic PE firm True North’s Fettle Tone LLP offloaded 9.46 per cent stake in Niva Bupa Insurance while its MD and CEO Krishnan Ramachandran sold 1 crore shares or 0.5 per cent stake in the company in secondary market transactions.
According to block deal data on the BSE, Fettle Tone sold 8.14 crore shares at an average price of ₹82.76 and 9.15 crore shares at ₹82.11 while Ramachandran offloaded at ₹82.30 a share.
DSP Mutual Fund and SBI Mutual Fund were the buyers. SBI Mutual bought about 1.52 crore shares while DSP Mutual, through four transactions, bought about 4.97 crore shares. Other buyers’ names are not immediately ascertained.
Shares of Niva Bupa slumped 10 per cent to ₹83.07 as the transactions were done at a discount to Friday’s closing price of ₹92.28.
Published on June 2, 2025
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
