New Delhi, May 4 (PTI) Investment firm Copthall Mauritius Investment Ltd has sold 37 lakh shares of Indiabulls Real Estate Ltd for Rs 31.08 crore through an open market transaction.

According to the bulk deal data available with BSE, BofA Securities Europe SA bought 37 lakh shares of the company at an average price of Rs 84 apiece.

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Indiabulls Real Estate shares were closed 5.05 per cent lower at Rs 81.85 on BSE.

In a separate deal, HSBC Bank Mauritius Limited AC Jwalamukhi Investments Holdings offloaded 25.70 lakh shares of home appliances major IFB Industries Ltd for Rs 231 crore through an open market transaction.

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Plutus Wealth Management LLP picked up 25.02 lakh shares at an average price of Rs 900 apiece, as per the data.

The scrip of IFB Industries closed 8.09 per cent lower at Rs 877.40 on BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)