India, March 29 -- Florintree Enterprise LLP offloaded over 20.18 Lakh shares of ideaForge, or about 4.7% of the stake in the drone tech company, through a mix of bulk and block deals.
The size of the deals amount to an aggregate of INR 69.62 Cr, as per NSE data.
Florintree divested 10,09,221 shares of ideaForge via a block deal yesterday. The floor price for the deal was set at INR 344.95 per share, representing a 0.6% discount to the stock's last close.
In a separate bulk deal, it dumped an additional 10,09,221 shares of the drone manufacturer at INR 344.95 per share.
The shares that flooded the market were lapped up by Blue Diamond Properties.
This follows a significant transaction that took place on Thursday (March 27), when Moti...
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