TeamLease Services block deal: Goldman Sachs sells shares worth Rs 17 crore in smallcap stock
Goldman Sachs on Tuesday sold 89,314 shares worth Rs 17.5 crore in smallcap stock Teamlease Services via a block deal. The shares were sold via Goldman Sachs Funds — Goldman Sachs India Equity Portfolio at a price of Rs 1,960 per share.
Goldman Sachs holds stake in TeamLease Services via three funds, namely Goldman Sachs Funds — Goldman Sachs India Equity Portfolio, Goldman Sachs Funds — Goldman Sachs Emerging Markets Equity Portfolio and Goldman Sachs Trust — Goldman Sachs Emerging Markets Equity Fund.
Prior to today's block deal Goldman Sachs held 3,46,430 equity shares representing 2.07% through Goldman Sachs India Equity Portfolio as on December 31, 2024.
The other funds held 1,92,497 shares (1.15%) and 1,69,800 shares (1.01%), respectively at the end of the December quarter.
Its holding in the January to March quarter will likely be updated on the BSE in April.
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