Bulk and block deals on Sep 24: Sedemac sees Rs 1,469-crore action, PE investors exit FirstCry and…

The latest market report highlights that The following bulk and block deals took place on the exchanges today:

Brainbees Solutions (FirstCry)

Nephrocare Health Services (NephroPlus)

Close to 59 lakh shares worth roughly Rs 415 crore were traded. Edoras Investment Holdings, an existing investor, sold around 25 lakh shares worth close to Rs 178 crore. Polar Capital's Healthcare Opportunities Fund was the standout buyer, picking up 25.46 lakh shares worth around Rs 179.5 crore.

HDFC Mutual Fund bought 25 lakh shares worth around Rs 320.6 crore at Rs 1,282.30 apiece, on the same day the stock crashed 36% following IRDAI's proposed changes to insurance distribution commissions.

Hoechst GmbH transferred 35 lakh shares worth around Rs 1,068 crore to Sanofi Healthcare India, an intra-group promoter reshuffle rather than a change in ownership.