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Capital Team's arm sells 5% stake in IT secure Mastek for Rs 475 crore Provider News

.2 minutes read through Final Improved: Sep 04 2024|11:51 PM IST.Financial solutions provider Financing Team on Wednesday offered a 5.6 per-cent stake in Mastek for over Rs 475 crore through competitive market purchases while ICICI Prudential Mutual Fund grabbed a risk in the IT solutions firm.Los Angeles-headquartered Funds Team via its associate EuroPacific Growth Fund unloaded 17,19,117 shares, amounting to a 5.6 per cent stake in Mastek Ltd, as per the majority bargain records readily available on the BSE.The portions were dealt with at a common cost of Rs 2,766.36 apiece, taking the deal market value to Rs 475.57 crore.Patronus Tradetech likewise sold 217 allotments of Mastek at Rs 2,845.23 each item.ICICI Prudential Mutual Fund, Ghisallo Master Fund LP as well as Patronus Tradetech LLP obtained a total amount of 12.34 lakh reveals of Mastek in the rate assortment differing coming from Rs 2,751-2,767.51 apiece, taking the mixed deal value to Rs 340.40 crore.Information of the buyers of Mastek's allotments could not be actually determined.Shares of Mastek declined 4.67 per-cent to finish at Rs 2,769.70 apiece on the BSE.Last week, Mastek revealed a calculated relationship with Onyx Health and wellness, a trailblazer in healthcare interoperability solutions.The partnership intends to accelerate the fostering of FHIR (Swift Medical Care Interoperability Assets) criteria, driving boosted records interoperability and also far better wellness results for people, the provider pointed out.( Only the headline as well as image of this record may have been reworked by the Business Criterion personnel the remainder of the information is actually auto-generated from a syndicated feed.) Very First Released: Sep 04 2024|11:51 PM IST.

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