Albula Investment Fund sells Swan Energy’s shares worth Rs 157 crore

Albula Investment Fund on Friday sold shares of Swan Energy for Rs 157 crore through an open market transaction.

Bandhan Mutual Fund (MF), Samco MF, BNP Paribas Arbitrage, Societe Generale, and Resonance Opportunities Fund, among others were the buyers of shares.

According to the block deal data available with the National Stock Exchange (NSE), Albula Investment Fund offloaded 30.24 lakh shares, amounting to a 1.14 per cent stake in Swan Energy.

The shares were disposed of at an average price of Rs 519.90 apiece, taking the deal value to Rs 157.22 crore.

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