Meesho stake sale, June 11 -- American financial services company Fidelity offloaded a 1.3% stake in new-age tech stock Meesho, bringing the stock into the limelight on Thursday, 11 June.

According to the bulk deal data available on the National Stock Exchange (NSE), Fidelity Investments, through its two affiliates, FID FDI 2117 LLC and FID FDI 312 LLC, offloaded a total of 5,98,16,300 shares representing a 1.31% stake in Meesho on Wednesday. The shares were sold at Rs.165.18 and Rs.165.21, taking the total transaction value to Rs.988.15 crore.

The details of the buyers were not known immediately. Fidelity held a 1.13% stake in Meesho at the end of the March quarter, shows the BSE shareholding pattern.

Meesho shares have been in focus ...