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Bulk deals: Fairfax India sells Rs 374-crore stake in IIFL Finance; Abakkus buys nearly 3% Bai-Kakaji...

in5points
  1. Fairfax India sold a Rs 374-crore stake in IIFL Finance through bulk deals.

  2. FIH Mauritius Investments, a Fairfax entity, was the seller of IIFL Finance shares.

  3. Abakkus bought nearly 3% stake in Bai-Kakaji shares.

  4. American Funds Insurance Series Global Small Capitalization Fund and Capital Group-backed Smallcap World Fund were buyers in IIFL Finance shares.