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Cinnamon Capital sells two per cent in Indiabulls real estate

has sold 94.62 lakh shares or nearly 2% stake in  between October 25 and December 15, the company informed stock exchanges. Post the share sale through open market in several tranches, Cinnamon Capital continues to hold 5.48% stake in the company. Cinnamon Capital had sold 1.06 crore shares or 2.

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Published - Dec 20, 2017 3:51 AM

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has sold 94.62 lakh shares or nearly 2% stake in  between October 25 and December 15, the company informed stock exchanges. Post the share sale through open market in several tranches, Cinnamon Capital continues to hold 5.48% stake in the company. Cinnamon Capital had sold 1.06 crore shares or 2.24% stake in the company between October 5 and 24. According to an earlier regulatory filing in May, Cinnamon Capital had bought 2.41 crore shares or over 5% stake in Indiabulls through open market between April 24 and May 4.  

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