New Delhi, Jul 8 (PTI) Global asset manager BlackRock on Monday bought shares of Swan Energy for Rs 304 crore through open market transactions.

US-based BlackRock through its three affiliates acquired 45.56 lakh shares, amounting to a 1.45 per cent stake in Mumbai-based Swan Energy, as per the block deal data available with the National Stock Exchange (NSE).

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The shares were picked up at an average price of Rs 668.27 apiece, taking the combined deal size to Rs 304.50 crore.

Meanwhile, Mauritius-based private equity fund 2i Capital PCC, EOS Multi-Strategy Fund AIFLNP VCIC, Dovetail India Fund, Epitome Trading and Investments and Paulomi Ketan Doshi were among the entities which offloaded shares of Swan Energy.

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The shares were disposed of in the price range of Rs 666.20-692.60 per piece.

Shares of Swan Energy jumped 5 per cent to close at Rs 692.60 apiece -- its upper circuit limit -- on the NSE.

Swan Energy operates across sectors including textiles, real estate, energy, and petrochemicals. PTI HG

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