Albula Investment Fund on Friday sold shares of Swan Energy for Rs 157 crore through an open market transaction. According to the block deal data available with the National Stock Exchange  NSE , Albula Investment Fund offloaded 30.24 lakh shares, amounting to a 1.14 per cent stake in Swan Energy. Shares of Swan Energy rallied 7.48 per cent to close at Rs 563.60 per piece on the NSE.Swan Energy on Thursday said it has formally taken over management control of Reliance Naval & Engineering.
Albula Investment Fund sold 1.14% stake in Swan Energy for Rs 157 crore through an open market transaction on Friday. Swan Energy shares rose 7.48% to close at Rs 563.60 on the NSE after the company took over management control of Reliance Naval & Engineering.