India, June 18 -- Awfis's early investor QRG Investment & Holdings has offloaded 3.89 Lakh shares of the coworking space provider in an INR 26.64 Cr bulk deal.

As per the BSE data, the family office of Havells chairman Anil Rai Gupta sold the shares of the company at INR 685.01 each yesterday. The stock ended yesterday's trading session at INR 658.6 on the BSE, down 3.1% from its previous close.

One of the early backers of Awfis, QRG Investments & Holdings is the second largest shareholder in the company, after Bisque Ltd. The family office held 7.12% stake in the coworking space provider at the end of the March quarter.

Founded in 2015 by Amit Ramani, Awfis claims to be the largest flexible space operator in the country. It operates 2...