Nexus Venture Partners' units sold a 4.63% stake in India Shelter Finance Corp. for Rs 424.9 crore through an open market transaction.
Nexus Opportunity Fund II sold 13.28 lakh shares (1.23% stake), while Nexus Ventures III offloaded 36.7 lakh shares (3.4% stake) at Rs 850.88 apiece.
Kotak Mahindra Mutual Fund acquired 4.19% stake (45.28 lakh shares) for Rs 385 crore at Rs 850.87 apiece.
In 2024, Nexus Ventures III Ltd. and Nexus Opportunity Fund LI had sold stakes in India Shelter Finance Corp. Shares of India Shelter Finance closed 0.31% lower at Rs 879.35 apiece on the NSE.