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Nalanda Capital increases stake in Voltamp Transformers to 8.75%

Singapore-based Nalanda Capital has increased its holding in power transformer maker Voltamp Transformers Ltd through market purchase of shares since mid-October for Rs26 crore. Nalanda Capital took an exposure in the firm between April-June quarter and held 1.6% stake as of 30th June, but has continued buying since then. It has upped its holding by 2.8% to 8.75%, as per a disclosure.

The latest share purchase is at a lower price of around Rs900 per share and with this Nalanda's total exposure in Voltamp has crossed Rs80 crore.

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Sentinels of History

Soaring over the city of Jaipur, perched on the hills of the Aravalli like sentinels overlooking...

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