Sanyasi Ayurveda has offloaded a 0.53 percent stake in jewellery retailer PC Jeweller through open-market transactions on October 16.
Despite the stake sale, PC Jeweller extended its rally for a second consecutive session, gaining 9.93 percent to close at Rs 16.28, its highest closing level in three months.
Sanyasi Ayurveda sold 5.17 crore equity shares, representing 0.53 percent of PC Jeweller's paid-up equity capital, for Rs 84.2 crore. The sale was part of its 1.84 percent stake, equivalent to 18.04 crore shares, held in the company as of September 2026.
In the previous session, investor Aditya Kumar Halwasiya acquired a 0.52 percent stake in the jewellery retailer for Rs 73.59 crore.
Meanwhile, the Abu Dhabi Investment Authority (ADIA), owned by the Government of the Emirate of Abu Dhabi, acquired 1.73 lakh equity shares in Natco Pharma at Rs 25.51 per share on rights basis.