Invesco Sells Oberoi Realty, Lodha Shares for ₹3,202 Cr
Representative image created by AI NEW DELHI: Investment management firm Invesco has sold over 2 crore shares of real estate companies Oberoi Realty and Lodha Developers for a total of ₹3,202 crore through open market transactions. The US-based firm, via its affiliate Invesco Developing Markets Fund, divested a little over 1 crore equity shares—2.95% of its stake in Oberoi Realty, according to bulk deal data from the BSE. Shares were sold at ₹1,754.26 each, totaling roughly ₹1,883.21 crore. As of the June quarter, Invesco Developing Markets Fund held a 3.01% stake in Oberoi Realty. In a separate transaction on the…