Two entities sell 5.9 pc stake in TBO Tek for nearly Rs 935 crore

▤ Summary

TBO Tek is a technology platform engaged in the business of providing services related to tours and travel. On Tuesday, shares of TBO Tek fell 3.27 per cent to close at Rs 1,531.05 apiece on the BSE. In a separate bulk deal on the BSE, Kishore Dutt Atluri and Ashok Atluri, promoters of Zen Technologies, offloaded 20 lakh shares or 2.2 per cent holding in the company for Rs 360 crore through two separate transactions. Meanwhile, Motilal Oswal Mutual Fund purchased 11,11,111 shares or 1.23 per cent stake in Hyderabad-based company. Shares of Zen Technologies plunged 5.70 per cent to settle at Rs 1,803.25 apiece on the BSE.

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