Promoter offloaded its entire stake in Sapphire Foods; falls 2%

Promoter offloaded its entire stake in Sapphire Foods; falls 2%

Shares of Sapphire Foods India Ltd fell 2% after promoter Arinjaya (Mauritius) Ltd sold its entire 3.75% stake, amounting to 23,90,503 shares, at an average price of ₹1,649.94 each. Meanwhile, Kotak Mahindra Mutual Fund acquired a 0.94% stake, buying 5,99,250 shares at ₹1,650 per share.