Mumbai, April 29 -- In the transaction, 1,60,06,865 shares, representing 3.95% of the company's equity, changed hands at Rs 683.25 per share - a 3.22% discount to the previous closing price of Rs 705.60. The stock reacted sharply to the discounted pricing, slipping as investors digested the sizable offloading.

While the identity of the seller has not been officially confirmed, media reports suggest that private equity firm TPG Rise Climate was behind the stake sale. As on March 2025, TPG Rise Climate held 2.44 crore shares, or 6.01% equity, of the company.

The counter witnessed a surge in trading activity today, with volumes on the BSE soaring to 63.62 lakh shares - significantly higher than the one-quarter average of 1.37 lakh shares. ...