India, April 25 -- Update | April 25, 01:35 AM

Canada Pension Plan Investment Board on Wednesday (April 24) offloaded nearly half of its stake (46%) in logistics giant Delhivery in a block deal worth INR 908 Cr (about $108 Mn).

As per the NSE data, the fund sold 2.04 Cr shares at a price of INR 444.30 per share.

The shares that flooded the market were lapped up by the likes of American Fund Insurance A/C, HSBC, Fidelity, and The Master Trust Bank of Japan.

American Fund Insurance picked up 1.38 Cr shares of Delhivery, while HSBC India Infrastructure Equity Mother Fund bought 3.78 Lakh shares. Meanwhile, Fidelity, through its multiple subsidiaries, picked 37.5 Lakh shares of the logistics major.

Original Story | April 24, 21:16 PM

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