Singaporean sovereign wealth fund GIC made a significant investment in Data Infrastructure Trust, acquiring shares worth Rs 5,747.04 crore. GIC, acting through its subsidiary Anahera Investment PTE, purchased 37,44,00,000 shares at a price of Rs 153.5 per share in the Infrastructure Investment Trust (InvIT).
BCI IRR India Holdings Inc also participated in the investment, purchasing 5,72,00,000 shares at the same price in Data Infrastructure Trust. This acquisition amounted to Rs 878.02 crore worth of stake in the InvIT.
Conversely, BIF IV Jarvis India PTE divested a portion of its holdings by selling 43,30,00,000 shares in Data Infrastructure Trust at the same price. This divestment amounted to Rs 6,646.55 crore worth of shares in the InvIT.
Meanwhile, RJ Corp, the promoter company of Varun Beverages, increased its stake in Global Health by acquiring additional shares. RJ Corp purchased 28,82,203 shares at an average price of Rs 1,315, totaling the transaction at Rs 379 crore. As of December 2023, RJ Corp held a 5.52 percent stake in the company.
In a separate transaction, Dunearn Investments Mauritius PTE sold 30,00,000 shares of Global Health at a price of Rs 1,315.2 per share, resulting in the sale of equity stake worth Rs 394.56 crore. As of December 2023, Dunearn held a 16.02 percent stake in the company.
Additionally, Rashi Peripherals, which recently debuted on the stock exchanges following its IPO, witnessed buying activity as Winro Commerical India acquired 10,67,051 shares at an average price of Rs 325.4, amounting to a deal valued at Rs 34.72 crore.
