BlackBuck’s chairman and CEO Rajesh Kumar Naidu Yabaji has trimmed a portion of his stake in the logistics marketplace through a Rs 135 crore bulk deal on Tuesday.
Yabaji, one of the company’s promoters, offloaded 20 lakh shares at Rs 676.4 per share, marking a sale of 9.37% of his holding.
Before the transaction, Yabaji held 2.13 crore shares, representing 11.81% of BlackBuck’s total equity base of 18.07 crore shares. Post-sale, his stake has reduced to 1.93 crore shares, or 10.7%.
Among the buyers, Discovery Global Opportunity Mauritius…
