According to bulk deal data available with the National Stock Exchange (NSE), Kayak Investments, an affiliate of private equity major KKR, offloaded 8.44 crore shares of Max Healthcare.
As many as 6.02 crore shares were sold at an average price of Rs 350, while 2.42 crore scrips were divested at Rs 350.13. At these prices, the transactions were valued at Rs 2,955.74 crore.
As of June 2021, Kayak Investments held 47.24 per cent stake or 45.63 crore shares in Max Healthcare.
Max Healthcare settled at Rs 355.75 apiece on the NSE, down 3.77 per cent from the previous close.