India, Sept. 24 -- Institutional investors Accel and 360 ONE have offloaded a cumulative 61.98 Lakh shares of omnichannel jewellery retailer BlueStone via multiple bulk and block deals today, as per BSE data.

Accel India III (Mauritius) sold 28 Lakh shares, minting Rs.231.7 Cr, while four of 360 ONE's funds sold nearly 34 Lakh shares combined for Rs.281.3 Cr. Each transaction was executed at Rs.827.60 per share, a 3% premium to the stock's closing price today.

The shares that were offloaded were picked up by domestic mutual funds and insurance companies.

Mirae Asset Mutual Fund was the largest buyer, acquiring 20.8 Lakh shares, followed by Bajaj Life Insurance, SBI Life Insurance, and Nippon India Mutual Fund, who snapped up 9.5 Lakh s...