We advised JM Financial Institutional Securities Limited (JM Financial Ltd), which acted as the sole broker in the block trade involving sale of 11,99,25,641 equity shares of Sona BLW Precision Forgings Limited by Singapore VII Topco III Pte. Limited (a Blackstone entity). This comprised sale of the entire stake held by Blackstone group (20.5%) in Sona BLW Precision Forgings Limited for a reported aggregate value of INR 4,917 crore (approx.)
