Capital Group through its affiliate EuroPacific Growth Fund has offloaded 17,19,117 shares, amounting to a 5.6 per cent stake in Mastek through open market transactions. The shares were disposed of at an average price of Rs 2,766.36 apiece, taking the transaction value to Rs 475.57 crore, as per the bulk deal data available on the BSE. Patronus Tradetech also sold 217 shares of Mastek at Rs 2,845.23 per piece.

ICICI Prudential Mutual Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP acquired a total of 12.34 lakh shares of Mastek in the price range varying from Rs 2,751-2,767.51 apiece, taking the combined transaction value to Rs 340.40 crore.

Mastek together with its subsidiaries, provides enterprise technology solutions and platforms for insurance, government, and financial services organizations worldwide.