New Delhi, June 3 -- Institutional investors have lined up four block deals worth nearly Rs.3,500 crore on June 4, according to term sheets, as they look to take advantage of the rebound in the Indian equity market.

The investors plan to sell stakes in Indegene Ltd, Tata Technologies Ltd, Alkem Laboratories Ltd and Aditya Birla Fashions Ltd, the terms reviewed by Mint show.

Jayanti Sinha, part of the promoter group, is looking sell 2.9% stake in Alkem Laboratories ( Rs.825 crore); CA Dawn Investments, vehicle for global PE firm Carlyle, is offloading 10.2% in Indegene ( Rs.1,420 crore); TPG Rise is exiting its entire 2% in Tata Technologies ( Rs.635 crore); and Flipkart is selling around 6% stake in Aditya Birla Fashion and Retail ( Rs....