New Delhi, Nov 18 (PTI) Global investment firm Blackstone, promoter of Mphasis, on Tuesday sold a 9.5 per cent stake in the information technology and consulting company for Rs 4,726 crore through an open market transaction.

As per the bulk deal data available with the BSE, US-based Blackstone through its affiliate BCP Topco IX Pte offloaded 1.80 crore equity shares in Mphasis, amounting to a 9.46 per cent stake in the IT and consulting firm.

The shares were disposed of at an average price of Rs 2,625.59 apiece, taking the transaction value to Rs 4,726.06 crore.

After the latest transaction, Blackstone’s holding in Mphasis has declined to 30.64 per cent from 40.10 per cent.

Meanwhile, HDFC Mutual Fund (MF), ICICI Prudential MF and Kotak Mahindra MF acquired a total of 70,75,436 or 3.71

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