HDFC MF, ADIA among buyers as Sepia Investments offloads Rs 749 crore in Corona Remedies via block deal

Sepia Investments and Anchor Partners divested shares worth about Rs 776.9 crore in Corona Remedies through a block deal at Rs 1,730 per share. Twelve institutional investors picked up the shares, with HDFC Mutual Fund emerging as the largest buyer at around Rs 423.9 crore, followed by Aditya Birla Sun Life MF (about Rs 84.8 crore), Aberdeen Asian Smaller Companies Investment Trust (about Rs 78 crore), Invesco MF (about Rs 50 crore) and Kotak Mahindra MF (about Rs 28 crore).