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Alpha Wave exits Delhivery in Rs 665 cr block; Mirae trims Shadowfax as logistics backers cash out

Alpha Wave Global exited Delhivery by selling its entire 1.93% stake for Rs 665 crore via open market; stock fell over 2%. Separately, Mirae Asset sold ~1% in Shadowfax for Rs 120 crore, signaling investor exits in Indian e-commerce logistics.

Reported figures

From the report. Source details below

  • 1,44,44,800 shares
  • Rs 460.03-460.36
  • stock -2.21%
  • 0.97% stake

The source

Source Read the source at ET Small Business

Published

Confirmed by Inc42, The Hindu BusinessLine, Business Standard

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