Fidelity Investments on Tuesday sold a 1.94% stake in Aditya Birla Lifestyle Brands for nearly ₹261 crore through an open market transaction.
US-based Fidelity Investments, through its arm Fidelity Securities Fund, Fidelity Blue Chip Growth Fund, offloaded 2,36,97,487 shares, representing a 1.94% stake in Aditya Birla Lifestyle Brands Ltd (ABLBL), as per the bulk deal data on the BSE.
The shares were disposed of at an average price of ₹110 apiece, taking the deal value to ₹260.67 crore.
1 January 2026
Get the latest issue of Outlook Business
Details of the buyers of ABLBL's shares could not be ascertained on the exchange.
Shares of Aditya Birla Lifestyle Brands Ltd fell 2.07% to close at ₹113.35 apiece on the BSE. In a separate block deal on the NSE, global investment firm Goldman Sachs sold 35.43 lakh shares of Tata Motors' commercial vehicle business unit to Paris-based BNP Paribas for ₹152 crore through an open market transaction.
US-based Goldman Sachs, through its affiliate Goldman Sachs Bank Europe SE - ODI, disposed of the shares at an average price of 429.30 apiece, taking the deal value to R₹152.10 crore.
Meanwhile, BNP Paribas, through its arm BNP Paribas Financial Markets, bought the same number of shares at the same price.
Shares of Tata Motors' commercial vehicle business unit slipped 2.83% to close at ₹ 428.90 per piece on the NSE.
