Authum Investment sells JSW Energy shares for Rs 552 cr via open market

Authum Investment & Infrastructure on Monday offloaded shares of JSW Energy for Rs 552 crore through an open market transaction.

Authum is a BSE-listed and registered NBFC in the business of investment in shares and securities.

According to the bulk deal data available with the BSE, Authum Investment & Infrastructure sold 1,60,00,000 shares, amounting to a 0.97 per cent stake in JSW Energy.

The shares were disposed of at an average price of Rs 345 apiece, taking the transaction size to Rs 552 crore.

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