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Indegene Block Deal: Eastbridge, Premji Invest, Societe Generale Buy After Carlyle Exits

  • US private equity firm Carlyle Group has exited its 10.2% stake in digital healthcare services provider Indegene for Rs 1,447 crore.
  • Top buyers of Indegene shares after Carlyle's exit include Premji Invest's affiliate, Capital Group, Societe Generale, Eastbridge Group, and Abakkus Asset Manager.
  • The shares were purchased in the price range of Rs 591-591.48 apiece, with East Bridge Capital Master Fund I, Societe Generale, and Capital Group's Small Cap World Fund making significant investments.
  • Following these transactions, Indegene's stock closed 4% lower at Rs 594.5 on the NSE, with analysts providing mixed recommendations on the company.

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