Archive · 20 May 2025
Kotak Mahindra MF Buys Ami Organics Stake; SAIF Partners Sells Ixigo Shares
On Monday, Kotak Mahindra Mutual Fund invested about Rs 301 crore by purchasing a 6.6% stake in the pharmaceutical company Ami Organics.
This happened through the open market.
At the same time, the promoters of Ami Organics sold the same number of shares.
Separately, SAIF Partners, a private equity firm, sold about 1.1% of their shares in Le Travenues Technology, the company behind Ixigo, for approximately Rs 76 crore.
The buyers of Le Travenues Technology's shares were not disclosed.
Shares of Ami Organics increased in value, while shares of Le Travenues Technology decreased.
Kotak Mahindra MF purchased a 6.6% stake in Ami Organics for approximately Rs 301 crore.
Ami Organics promoters divested shares simultaneously at the same price.
SAIF Partners sold a 1.1% stake in Le Travenues Technology (Ixigo) for about Rs 76 crore.
Shares of Ami Organics rose on the NSE.
Shares of Le Travenues Technology fell on the NSE and BSE.
- Who
- Kotak Mahindra Mutual Fund (MF) and SAIF Partners were key players in the transactions.
- What
- Kotak Mahindra MF bought a 6.6% stake in Ami Organics, while SAIF Partners sold a 1.1% stake in Le Travenues Technology.
- When
- The transactions occurred on Monday.
- Where
- Transactions occurred on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
- Why
- Kotak Mahindra MF acquired a stake; SAIF Partners sold shares for investment purposes.
Ami Organics Promoters
Kotak Mahindra MF
Shares
Ami Organics Promoters
Sold shares in Ami Organics.
Kotak Mahindra MF
Acquired a stake in Ami Organics.
- Kotak Mahindra MF Stake in Ami Organics
- 6.6%
- Kotak Mahindra MF Investment
- Rs 301 crore
- Average price per share (Ami Organics)
- Rs 1,115
- SAIF Partners Stake Sold
- 1.1%
- SAIF Partners Deal Value
- Rs 76 crore
- Average price per share (Le Travenues Technology)
- Rs 178