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Capital Team's upper arm markets 5% concern in IT strong Mastek for Rs 475 crore Provider News

.2 min reviewed Last Upgraded: Sep 04 2024|11:51 PM IST.Financial services company Resources Group on Wednesday offered a 5.6 per cent stake in Mastek for over Rs 475 crore via open market deals while ICICI Prudential Investment fund got a concern in the IT services firm.Los Angeles-headquartered Resources Group by means of its own partner EuroPacific Development Fund offloaded 17,19,117 shares, totaling up to a 5.6 percent stake in Mastek Ltd, based on the mass deal records on call on the BSE.The shares were dealt with at a typical price of Rs 2,766.36 apiece, taking the purchase worth to Rs 475.57 crore.Patronus Tradetech likewise marketed 217 allotments of Mastek at Rs 2,845.23 per piece.ICICI Prudential Investment Fund, Ghisallo Professional Fund LP and also Patronus Tradetech LLP acquired a total amount of 12.34 lakh portions of Mastek in the cost variety differing from Rs 2,751-2,767.51 each, taking the bundled purchase value to Rs 340.40 crore.Information of the shoppers of Mastek's portions might not be determined.Shares of Mastek declined 4.67 per cent to finish at Rs 2,769.70 each on the BSE.Recently, Mastek announced an important alliance along with Onyx Wellness, a trailblazer in health care interoperability answers.The partnership intends to speed up the adoption of FHIR (Prompt Healthcare Interoperability Assets) standards, steering improved data interoperability and far better health results for clients, the company said.( Merely the heading as well as photo of this record may possess been actually reworked due to the Service Requirement personnel the remainder of the content is auto-generated coming from a syndicated feed.) Very First Published: Sep 04 2024|11:51 PM IST.