Alpha Wave exits Delhivery, dumps entire 1.93% stake for ₹665 crore via bulk deals
Alpha Wave Global sold its full 1.44 crore-share holding in Delhivery at ₹460.03-460.36 apiece, pulling the e-commerce logistics stock down 2.21%. Separately, Mirae Asset trimmed ~0.97% in rival Shadowfax Technologies for ₹120 crore, signalling fresh churn among early backers of India's logistics pure-plays.
Alpha Wave Global exited Delhivery by selling its entire 1.93% stake for ₹665 crore via bulk deals, sending the e-commerce logistics stock down over 2%. Separately, Mirae Asset trimmed its Shadowfax Technologies holding by ~1% for ₹120 crore.