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VERIFIEDEconomic Times News·negative
Groww stake sale: Peak XV, Sequoia, others to sell equity worth Rs 4,750 crore; floor price at Rs 177/share
AI Summary
- ·Existing investors in Groww plan to sell shares worth Rs 4,750 crore.
- ·The floor price for the stake sale is set at Rs 177 per share.
- ·The proposed transaction triggered a sharp decline in the stock price.