New Delhi: The Singapore government, Monetary Authority of Singapore (MAS), and Goldman Sachs collectively raised their positions in PNB Housing Finance by Rs 178 crore through open market deals on Thursday. Based on the block deal data on the NSE, the Singaporean government acquired 13.16 lakh shares, the Monetary Authority of Singapore bought 2.13 lakh scrips, and Goldman Sachs (Singapore) purchased 92,000 units of PNB Housing Finance.
The stocks were purchased at a mean cost of Rs 1,097.30 each, making the total transaction worth Rs 178 crore. In the meantime, Asia Opportunities V (Mauritius), a foreign portfolio investor, offloaded 16.22 lakh shares representing a 0.62 pc stake in PNB Housing Finance at the identical price, based on information from the National Stock Exchange (NSE).
Following the sale of shares, PNB Housing Finance's ownership by Asia Opportunities V (Mauritius) has dropped to 4.57 percent from 5.19 percent. Shares of PNB Housing Finance dropped by 0.25 per cent on Thursday, ending at Rs 1,105.60 each on the NSE. In the previous month, Asia Opportunities V (Mauritius) sold a 3 percent share in PNB Housing Finance for more than Rs 676 crore.
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