New Delhi, Sept. 4 -- Mirae Asset Mutual Fund has marginally trimmed its stake in Syngene International, according to the latest shareholding disclosures. The fund house sold a portion of its holdings while continuing to retain a sizable position in the biopharmaceutical services provider.
On September 2, the fund sold 667,386 shares, or a 0.16% stake, in Syngene International through open-market transactions, reducing its stake to 2.95% from 3.12% earlier. Post-sale, Mirae Asset Mutual Fund holds 11,907,883 shares, representing 2.95% of Syngene International's equity share capital.
At the end of the June quarter, 29 mutual funds held a collective stake of 20.70% in the company. Key fund houses include ICICI Prudential Mutual Fund and U...
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