Nomura Fund Acquires Significant Stake in Genus Power Infrastructures
Block Deal Involves Over 59 Lakh Shares for Rs 207 Crore
Mumbai, August 5, 2024
In a major block deal on Friday, Nomura India Investment Fund purchased over 59 lakh shares of Genus Power Infrastructures for a total consideration of Rs 207 crore.
The deal, which represents a significant acquisition for Nomura, highlights the growing interest in the smallcap sector. Genus Power Infrastructures is a leading provider of power transmission and distribution equipment.
The block deal was reported through the National Stock Exchange (NSE) and gives a comprehensive view of the companies involved in bulk transactions. By providing a list of block deals, the NSE provides valuable information for investors and analysts.
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