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Sequoia Capital divests stake in Just Dial

Sequoia Capital has sold 1.03 million shares of Just Dial on Monday, thereby bringing down its stake in Just dial from 5.17% to 2.18%.

According to the data available from NSE, Sequoia Capital India Growth Investment Holdings 1 sold 4,55,000 shares at Rs.500.05 apiece, and Sequoia Capital India Growth Investments 2 sold 5,75,000 shares for Rs.501.54 per share.

Further the shares were brought by HDFC Mutual Fund, worth Rs.51.56 crore.

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