Holderind Investments, owned by Gautam Adani and family, sold 2.84% equity in Ambuja Cements.
The deal was valued at Rs 4,197.8 crore at the floor price.
6.99 crore shares were sold at Rs 600 per share, a 5% discount to the last NSE closing price.
This sale aims to diversify the shareholder base and attract long-only investors in infrastructure assets.
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