Its Time To Exit

Oswal Greentech has sold its entire holding in NDTV for ₹75 crore

In a couple of bulk deals on the BSE, the Oswal group, founded by late businessman Abhey Oswal has sold its entire holding in New Delhi Television for a consideration of Rs.75.43 crore. Investment firm Oswal Greentech sold 91.36 lakh shares over two transactions on Monday (August 29) and Thursday (September 1). The shares off-loaded in the market were picked up by a couple of Mauritius-based entities. LTS Investment Fund grabbed the bulk of it – 9.75%, while the balance 4.42% was picked up by an entity called Eriska Investment Fund.