Quant Mutual Fund sold a total of 20.81 lakh shares of Jubilant Pharmova, valued at approximately Rs 190.47 crore, as the pharmaceutical company announced plans to raise up to Rs 800 crore through non-convertible debentures (NCDs), according to data from the National Stock Exchange (NSE) and BSE.
On the NSE, Quant Mutual Fund sold 11 lakh shares at Rs 915 apiece, valuing the transaction at Rs 100.65 crore. On the BSE, the fund sold another 9,81,704 shares at Rs 915.01 apiece, amounting to approximately Rs 89.82 crore, according to exchange data.
