Mumbai, June 12 -- While the buyers and sellers are unknown, media reports suggest that PhonePe likely sold off a 5% equity stake in the company through a block deal valued at Rs 476.2 crore. The transaction was reportedly offered at a floor price of Rs 1,750 per share, which represents a 10.36% discount to the stock's last closing price.
Trading volumes surged with BSE seeing 32.30 lakh shares change hands, compared to the 3-month average of 5,787 shares. NSE volumes surged to 21.52 lakh shares, above the 3-month average of 1.01 lakh.
As of March 2025, promoters held a 51.65% stake in C.E. Info Systems. Among public shareholders, PhonePe held 18.74% stake.
C.E. Info Systems ("MapmyIndia") is India's leading deep-tech digital map data,...
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