Mumbai, May 7 -- According to BSE bulk deal data, Cyriac purchased 20 lakh shares at Rs 95.05 per share in the Mumbai-based tiles and marble maker.

At the same time, Rashi Fincorp sold 23 lakh shares, equivalent to a 0.96% stake, at Rs 95.09 per share.

Cyriac's name did not appear in Nitco's shareholding pattern for the quarter ended March 2026.

As of March 2026, promoters held a 20.17% stake in the company. Among public shareholders, Authum Investment and Infrastructure held 46.77%.

Cyriac is executive chairman of Florintree Advisors, a private equity firm focused on emerging Indian companies across sectors including technology, industrials, healthcare and financial services.

Before founding Florintree, he served as managing directo...