ADIA exits One MobiKwik Systems; sells entire 2.1% stake for Rs 39 crore
By
Binu Mathew
Abu Dhabi Investment Authority (ADIA) on Monday exited One MobiKwik Systems by divesting its entire 2.10% stake in the fintech firm for Rs 39 crore through an open market transaction.
According to the bulk deal data available on the NSE, ADIA offloaded a little over 16.44 lakh equity shares, representing a 2.10% stake in Gurugram-based One MobiKwik Systems.
The shares were disposed of at an average price of Rs 238.45 apiece, taking the deal value to Rs 39.21 crore.
