Jomei Investments, a special purpose vehicle under Advent International Corporation, has exited its stake in Aditya Birla Capital by selling its entire 2.04 percent shareholding in a significant move on October 28. The transaction involved the sale of 5.32 crore equity shares at a price of Rs 308 per share, totaling Rs 1,638.6 crore. This sale was executed through two block deals, attracting interest from 15 institutional investors, including notable names such as Morgan Stanley, Goldman Sachs, and Norges Bank. Following the announcement, Aditya Birla Capital's stock saw a modest increase of 0.6 percent, closing at Rs 312.6 on the NSE.

In addition to Jomei's exit, other notable market activities included Aarey Drugs & Pharmaceuticals, which hit a 2 percent upper circuit at Rs 91.29 despite a stake sale by Pinewood Strategy. The India Opportunities Growth Fund sold 1.53 lakh shares, representing 0.54 percent of its stake for Rs 1.3 crore. Meanwhile, Tolins Tyres experienced a 3.10 percent rise to close at Rs 192.32 after BofA Securities acquired 2.1 lakh shares at Rs 189.99. Olympus ACF was also active, selling 1.46 crore shares of Utkarsh Small Finance Bank at Rs 2.84 per share, amounting to Rs 4.15 crore.