IDFC Mutual Fund reduces its shareholding by over 2% in Mastek

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Mastek Limited informed the exchanges that the company has received disclosure from IDFC Asset Management Company Limited (Investment Manager of IDFC Mutual Fund) where IDFC Mutual Fund through its schemes IDFC Core Equity Fund & IDFC Tax Advantage (ELSS) has sold 11,667 and 6,423 equity shares respectively of the company on April 22, 2021.

After this sale of shares IDFC Mutual Fund’s shareholding has decreased by more than 2% of paid up capital of the company, i.e. from 5.1395% (the last reported holding) to 3.0869%.

At around 10.42 am, Mastek Ltd was trading at Rs1,480 per piece up by Rs38.1 or 2.64% from its previous closing of Rs1,441.90 per piece on the BSE.

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