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Goldman Sachs, Morgan Stanley Together buy 4.9% Stake in Sunteck Realty For ₹268 Cr

In addition, Morgan Stanley, through its affiliate Morgan Stanley Asia (Singapore) Pte, purchased 35.09 lakh shares

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Goldman Sachs, Morgan Stanley Together buy 4.9% Stake in Sunteck Realty For ₹268 Cr LinkedIn

US-based Goldman Sachs and Morgan Stanley on Thursday bought a 4.9% stake collectively in Sunteck Realty from capital market company CLSA for ₹268 crore through open market transactions.

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According to the block deal data available with the BSE, Goldman Sachs, through its arm Goldman Sachs Bank Europe SE, acquired 36.52 lakh shares or 2.5% stake in Sunteck Realty.

In addition, Morgan Stanley, through its affiliate Morgan Stanley Asia (Singapore) Pte, purchased 35.09 lakh shares, representing a 2.4% stake in the company.

The shares were picked up at an average price of ₹375.1 apiece, taking the combined deal value to ₹268.64 crore.

Meanwhile, CLSA, through its affiliate CLSA Global Markets Pte Ltd - ODI, sold the same number of shares at the same price.

As of December 31, 2025, CLSA hold a 5.25%stake in Sunteck Realty.

Shares of Sunteck Realty rose 3.65% to close at ₹388.80 per piece on the BSE.

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In a separate block deal on the BSE, Goldman Sachs, through its arm Goldman Sachs Bank Europe SE, sold 65,27,614 shares of Manappuram Finance to Morgan Stanley's arm for ₹190 crore.

The shares were disposed of at an average price of ₹291.65 apiece, taking the deal value to ₹190.38 crore.

Shares of Manappuram Finance rose 1.77% to settle at ₹296.80 per scrip on the BSE.