Bulk Deals on December 17
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Moneycontrol17-12-2025, 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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