NSE-BSE bulk deals: Ashish Kacholia cashes in on KIMS listing gains

MUMBAI: Renowned investor Ashish Kacholia cashed in on the strong listing day gain made by Krishna Institute of Medical Sciences (KIMS) shares.

Kacholia sold 423,005 shares of the newly listed company at Rs. 959.6 per share through a bulk deal on NSE. The KIMS stock made a debut on the bourses with a 22 per cent gain from the issue price of Rs 825 but closed the day 2 per cent lower. The Economic Times had earlier reported that Kacholia had applied for 2 million shares of the hospital-chain owner.

Similarly, Societe Generali sold 442,513 shares of KIMS on its debut at Rs 981.41 apiece through a bulk deal on NSE.

Meanwhile, SBI Life Insurance Company and Smallcap World Fund bought a stake in Tanla Platforms through separate block deals on NSE.

SBI Life bought 5,00,000 shares of Platforms through a block deal whereas Smallcap World Fund bought 464,376 shares of the company. Both transactions were at Rs 836.8 apiece.

In a separate transaction, Banyan Investments sold 714,376 shares of Tanla Platforms at Rs. 836.8 per share through a block deal on NSE.

Here are the other major bulk and block deals that took place on both bourses on Monday: