High-Stakes Juggle: Major Stock Transactions in Privi, ixigo, and Ethos

Promoters of Privi Speciality Chemicals sold a 4.09% stake for Rs 330 crore, reducing their ownership to 69.96%. Concurrently, SBI Mutual Fund increased its stake to 5.27%. Separately, SAIF Partners sold a 1.38% stake in ixigo, and Goldman Sachs offloaded shares in Ethos amid shifting investment strategies.

Devdiscourse News Desk | New Delhi | Updated: 19-06-2025 22:17 IST | Created: 19-06-2025 22:17 IST

High-Stakes Juggle: Major Stock Transactions in Privi, ixigo, and Ethos — This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only.

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In a series of significant market transactions, four promoters of Privi Speciality Chemicals relinquished a combined 4.09% stake for Rs 330 crore. The dealings, executed within a price bracket of Rs 2,055-2,087.70 per share, reduced their collective ownership to 69.96%.

Moreover, SBI Mutual Fund acquired 15.02 lakh shares, enhancing its stake in Privi to 5.27% from 1.42%, amounting to a deal worth Rs 308.81 crore. Despite detailed scrutiny, additional buyers on the NSE remain unidentified.

In parallel developments, SAIF Partners reduced its holding in ixigo to 12.64% by selling 53.98 lakh shares for Rs 97 crore. Meanwhile, Goldman Sachs sold a 0.73% stake in Ethos, reshaping the financial landscape with nuanced investment recalibrations.

(With inputs from agencies.)