New Delhi, June 4 -- According to a media report, U.S.-based private equity firm TPG is expected to offload a 2.1% stake in Tata Technologies through a block deal. The transaction is estimated to be worth around Rs.634 crore, with the floor price likely set at Rs.744.5 per share.

On Tuesday, a block deal took place involving Bengaluru-based logistics technology firm Zinka Logistics Solutions, widely recognized as BlackBuck. A consortium of prominent institutional investors acquired stakes in the company, while existing backer Peak XV Partners reduced its shareholding.

The capital markets regulator, Sebi, has recently given the green light to six companies to launch their initial public offerings (IPOs), among them HDB Financial Services...