Unicorn Fund, Greenx Wealth Multihorizons Opportunity Fund Acquire Over 1.4% Stake in Maruti Interior Products
Unicorn Fund and Greenx Wealth Multihorizons Opportunity Fund acquired over 1.4% stake in Maruti Interior Products through bulk deals worth ₹4.60 crores on January 8. Unicorn Fund purchased 95,000 shares at ₹211.02 per share, while Greenx Wealth bought 1.25 lakh shares at ₹208.00 per share. Despite the institutional investment, shares closed lower at ₹209.65, down 0.78% on the BSE amid high volumes.
Maruti Interior Products Set to Migrate to BSE Main Board
Maruti Interior Products' board has approved the migration of its equity shares to the main board of the Bombay Stock Exchange (BSE). This strategic move is expected to enhance the company's visibility, improve market presence, boost investor confidence, and potentially provide better access to capital markets. The company will need to complete necessary regulatory procedures and meet BSE's eligibility criteria for main board listing.