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Capital Group's arm offers 5% risk in IT firm Mastek for Rs 475 crore Company News

.2 min reviewed Final Updated: Sep 04 2024|11:51 PM IST.Financial services company Resources Group on Wednesday sold a 5.6 percent stake in Mastek for over Rs 475 crore with competitive market deals while ICICI Prudential Investment fund picked up a risk in the IT services company.Los Angeles-headquartered Resources Team through its own affiliate EuroPacific Development Fund offloaded 17,19,117 portions, totaling up to a 5.6 percent risk in Mastek Ltd, based on the mass package records readily available on the BSE.The allotments were dealt with at a typical price of Rs 2,766.36 each, taking the purchase value to Rs 475.57 crore.Patronus Tradetech also sold 217 allotments of Mastek at Rs 2,845.23 per item.ICICI Prudential Investment Fund, Ghisallo Professional Fund LP and also Patronus Tradetech LLP acquired an overall of 12.34 lakh allotments of Mastek in the price range varying from Rs 2,751-2,767.51 apiece, taking the mixed purchase value to Rs 340.40 crore.Information of the customers of Mastek's reveals can not be actually pinpointed.Shares of Mastek decreased 4.67 per-cent to finish at Rs 2,769.70 each on the BSE.Last week, Mastek revealed a key collaboration along with Onyx Health, an inventor in healthcare interoperability remedies.The partnership intends to speed up the fostering of FHIR (Quick Healthcare Interoperability Resources) criteria, driving enhanced information interoperability and much better health outcomes for patients, the company pointed out.( Merely the heading as well as picture of this document may possess been actually revamped by the Service Requirement team the rest of the material is auto-generated coming from a syndicated feed.) 1st Published: Sep 04 2024|11:51 PM IST.