Liquidity Events

Nalanda Capital sells Thermax shares worth Rs.765-Cr

Nalanda Capital, via Nalanda India Equity Fund, has sold 1,500,000 equity shares (1.23% stake) at INR 5,100.26 per share of publicly listed engineering goods maker Thermax on 07-06-2024 through a bulk deal on the BSE. The sale aggregates to INR 765.04 crore.

In Mar-2020, Nalanda Capital had bought a 1.74% stake in Thermax for INR 142.77 crore.

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