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Categories: Stock Market

Block deal on March 28: Goldman Sachs acquires HAL, Zomato shares worth ₹281 crore via open market


Banking and financial services major Goldman Sachs on Friday bought shares of state-owned Hindustan Aeronautics Ltd and Zomato worth 281 crore through open market transactions.

Goldman Sachs through its affiliate — Goldman Sachs (Singapore) — purchased 3.85 lakh shares of Bengaluru-based Hindustan Aeronautics Ltd (HAL), as per the block deal data on the BSE.

US-based Goldman Sachs also acquired 60.07 lakh scrips of online food delivery aggregator Zomato, the data showed.

The shares were picked up in the price range of 199.5-4,176.25 apiece, taking the combined deal value to 280.96 crore.

Meanwhile, Hong Kong-based asset management firm Kadensa Capital through its arm — Kadensa Master Fund — sold the same number of shares in HAL and Zomato at the same price.

On Friday, shares of HAL rose marginally to close at 4,176 apiece on the BSE. Zomato fell 2.07 per cent to settle at 201.50 per piece on the exchange.

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