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Capital Team's upper arm markets 5% risk in IT solid Mastek for Rs 475 crore Provider News

.2 minutes reviewed Final Upgraded: Sep 04 2024|11:51 PM IST.Financial solutions business Financing Group on Wednesday offered a 5.6 percent concern in Mastek for over Rs 475 crore by means of open market deals while ICICI Prudential Mutual Fund got a risk in the IT services provider.Los Angeles-headquartered Funds Group through its associate EuroPacific Development Fund unloaded 17,19,117 portions, totaling up to a 5.6 per cent stake in Mastek Ltd, according to the mass offer information on call on the BSE.The shares were actually thrown away at an ordinary cost of Rs 2,766.36 each, taking the deal value to Rs 475.57 crore.Patronus Tradetech additionally marketed 217 shares of Mastek at Rs 2,845.23 each part.ICICI Prudential Mutual Fund, Ghisallo Professional Fund LP and Patronus Tradetech LLP got an overall of 12.34 lakh portions of Mastek in the cost variation varying from Rs 2,751-2,767.51 each, taking the bundled transaction market value to Rs 340.40 crore.Particulars of the buyers of Mastek's portions could not be determined.Reveals of Mastek dropped 4.67 percent to end at Rs 2,769.70 apiece on the BSE.Last week, Mastek introduced a key alliance with Onyx Health, a trailblazer in medical care interoperability solutions.The collaboration strives to speed up the adopting of FHIR (Fast Medical Care Interoperability Resources) criteria, driving boosted information interoperability and also much better health results for people, the firm mentioned.( Only the headline and image of this file may have been modified due to the Organization Criterion personnel the rest of the content is actually auto-generated coming from a syndicated feed.) Very First Published: Sep 04 2024|11:51 PM IST.