TPG Sells Tata Tech Stake; BNP Paribas Exits Choice

TPG, an investment firm, sold part of its shares in Tata Technologies, making it the third time they've done so in the last year.

They sold shares worth around ₹638 crore at an average price of ₹749.10 per share.

Simultaneously, BNP Paribas sold shares in Choice International to Societe Generale.

These transactions happened through open market deals, not a block deal as previously reported.

The value of these shares are about ₹77 crore.

After the sale, TPG's and BNP Paribas' holdings decreased in these respective companies.