Business StandardCenter·
Billionaire Chandru Raheja sells 1.49% stake in Mindspace REIT for ₹500 cr
Billionaire Chandru Lachmandas Raheja has divested his holding in Mindspace Business Parks REIT by selling a 1.49 per cent stake for Rs 500 crore through a bulk deal on the BSE. After the stake sale, Mindspace Business Parks REIT were trading 0.18 per cent lower at Rs 504.05 a unit on Tuesday. Raheja, Chairman of real estate major K Raheja Corp, sold 99,00,990 units, representing a 1.49 per cent unitholding in the Mumbai-based REIT. The transaction was executed on Monday at an average price of …
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