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Capital Team's arm markets 5% risk in IT solid Mastek for Rs 475 crore Business Headlines

.2 min read Last Upgraded: Sep 04 2024|11:51 PM IST.Financial services provider Capital Team on Wednesday marketed a 5.6 percent stake in Mastek for over Rs 475 crore by means of free market deals while ICICI Prudential Investment fund picked up a stake in the IT services company.Los Angeles-headquartered Financing Team with its associate EuroPacific Development Fund unloaded 17,19,117 portions, amounting to a 5.6 per-cent stake in Mastek Ltd, based on the majority deal records offered on the BSE.The portions were thrown away at a typical rate of Rs 2,766.36 apiece, taking the deal market value to Rs 475.57 crore.Patronus Tradetech also marketed 217 reveals of Mastek at Rs 2,845.23 per item.ICICI Prudential Investment Fund, Ghisallo Expert Fund LP and Patronus Tradetech LLP acquired a total amount of 12.34 lakh allotments of Mastek in the rate assortment varying from Rs 2,751-2,767.51 each, taking the consolidated deal market value to Rs 340.40 crore.Information of the buyers of Mastek's allotments could certainly not be pinpointed.Reveals of Mastek dropped 4.67 per cent to finish at Rs 2,769.70 apiece on the BSE.Recently, Mastek declared a tactical partnership along with Onyx Wellness, an innovator in healthcare interoperability solutions.The collaboration targets to speed up the fostering of FHIR (Rapid Medical Care Interoperability Resources) requirements, driving enriched records interoperability and also better health and wellness outcomes for individuals, the business mentioned.( Simply the headline and also photo of this file may possess been revamped by the Business Criterion personnel the remainder of the content is auto-generated from a syndicated feed.) First Released: Sep 04 2024|11:51 PM IST.