Piramal Enterprises acquires 10% stake in Shriram Transporthttps://indianexpress.com/article/news-archive/web/piramal-enterprises-acquires-10-stake-in-shriram-transport/

Piramal Enterprises acquires 10% stake in Shriram Transport

About 22.6 million shares changed hands in a block deal at Rs 725 in early trade,exchange data showed.

India’s Piramal Enterprises said on Friday that it bought a 10 per cent stake in commercial vehicle financier Shriram Transport Finance Co Ltd through a block deal on the Bombay Stock Exchange.

About 22.6 million shares changed hands in a block deal at 725 rupees in early trade,exchange data showed.

Shares in Shriram Transport were up as much as 5.4 percent after the deal.