Amansa Holdings decreased its stake in Intellect Design Arena Limited from 7.67% to 6.73%, selling 12.68 lakh shares. The value of the shares sold is approximately ₹98.67 crore based on the share price of ₹778.30.
A global financial technology company providing software solutions and digital platforms for banking, insurance, and financial services institutions worldwide. Intellect Design develops comprehensive products spanning consumer banking, central banking, risk and treasury management, transaction banking, and insurance sectors. The company distinguishes itself through specialized software development and technology consulting services tailored to meet the complex needs of financial organizations across multiple geographies and business domains.
Singapore-based India-dedicated equity fund founded in 2006 by Akash Prakash (ex-GIC, ex-Temasek India). Concentrated long-only strategy with ~20 listed positions and a disclosed book value of roughly Rs 17,000 cr across names like GMM Pfaudler, Fortis Healthcare, V-Mart Retail and Eicher Motors. One of the original India-only foreign hedge funds, with ~USD 1 bn+ in assets.
