Block Deals: Value Partners Buys Stakes in Affle India, Newgen and Hatsun Agro

News: 05 January: Value Partners, a Hong Kong-based equity investment fund, recently acquired equity stakes in six companies listed on the Bombay Stock Exchange, including Affle India, Hatsun Agro Product, IndiaMART InterMESH, La Opala RG, Newgen Software Solutions and Saregama India.

According to the block deals data of BSE, the fund acquired 1,05,739 equity shares in technology company Affle India , at Rs 1,194.25 per share, and bought 1,12,685 equity shares in dairy company Hatsun Agro Product at Rs 1,262.15 per share on the BSE.

As of September 2021, Malabar India Fund had owned 4.48 percent equity stake in Affle India, 1.99 percent shares in Hatsun Agro Product and 4.32 percent stake in La Opala RG. It also owned 3.81 percent shares in Newgen Software Technologies and 4.22 percent stake in Saregama India.