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CPPIB divests stake in Delhivery
Apr-25-2024

The Canada Pension Plan Investment Board (CPPIB) has divested a 2.8% stake in Delhivery for Rs 908 crore through an open market transaction. According to the block deal data available with the National Stock Exchange (NSE), Canada Pension Plan Investment Board has sold 2,04,50,000 shares. The shares were disposed of at an average price of Rs 444.30 per piece. After the latest transaction, CPPIB's shareholding has declined to 3.16 per cent from 5.96 per cent.

Delhivery is an Indian logistics and e-commerce supply chain company.


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