Promoter Sells Akzo Nobel Stake, Ola Electric Dips; Nephrocare Sees Fund Inflow

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Moneycontrol•17-12-2025, 23:25
Promoter Sells Akzo Nobel Stake, Ola Electric Dips; Nephrocare Sees Fund Inflow
- •Imperial Chemical Industries sold a 9% stake in Akzo Nobel India for Rs 1,296 crore, causing shares to plunge 13.56%.
- •Goldman Sachs Funds acquired a 0.73% stake in Akzo Nobel India for Rs 105.67 crore.
- •Polar Capital and Poonawalla Vision Fund bought a 4% stake in Nephrocare Health Services on its market debut day.
- •Ola Electric founder Bhavish Aggarwal sold another 1% stake, totaling 1.5% in two sessions, leading to a 4.58% share drop.
- •SBI General Insurance acquired rights shares in Hindustan Construction, while S Gupta Holding acquired a stake in SG Finserve.
Why It Matters: Major stake sales in Akzo Nobel and Ola Electric, while Nephrocare attracts significant fund investment.
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