Alpha Wave exits Delhivery with ₹665 cr block sale; Nexus trims ₹208 cr stake
Alpha Wave Global sold its entire 1.93% stake in Delhivery for ₹665 crore via open market, sending shares down 2.2%. Nexus Venture Partners offloaded ₹208 crore worth on the same day. Separately, Mirae Asset pared nearly 1% in rival Shadowfax for ₹120 crore at ₹212/share.
Alpha Wave Global exited Delhivery by selling its 1.93% stake for ₹665 crore via open market; stock fell 2%. Separately, Mirae Asset trimmed nearly 1% in logistics rival Shadowfax for ₹120 crore, and Nexus sold Delhivery shares worth ₹208 crore.