Goldman Sachs, ITI Mutual Fund and 6 Others Lead Investment in GNG Electronics 3.9% Stake Acquisition

On June 11, 2026, a consortium of 8 investors, including Goldman Sachs and ITI Mutual Fund, purchased a 3.9% stake in GNG Electronics as per news report.  

This acquisition was facilitated through block deals on the National Stock Exchange. 

Details of the Stake Acquisition 

Goldman Sachs and ITI Mutual Fund were among 8 investors acquiring a 3.9% stake in GNG Electronics, a leading refurbisher of laptops and desktops.  

This transaction was executed via block deals, with shares being acquired from promoter Vidhi S Khandelwal, who sold 44.87 lakh shares at ₹390 each. 

Investor Participation 

Motilal Oswal Equity Opportunities Fund, Mirae Asset Mutual Fund, ITI Mutual Fund, Goldman Sachs Funds-Goldman Sachs Asia Equity Portfolio, Edelweiss Mutual Fund, and Trust Mutual Fund each acquired 6.4 lakh shares for ₹25 crore.  

Additionally, MCP Emerging Markets Fund bought 1.45 lakh shares, while Mobius Investment Trust Plc purchased 4.95 lakh shares. 

Read More: GNG Electronics Share Price Jumps 7% Despite Promoter's Plan to Sell 3.95% Stake! 

Market Reaction and Other Transactions 

Following the stake purchase, GNG Electronics' share price rose by 6.6% to reach ₹418.55 on the National Stock Exchange.  

Separate to this, SBI Funds Management acquired a 3.79% stake in Vintage Coffee and Beverages, purchasing 16.81 lakh shares at ₹158 and 38.51 lakh shares at ₹153.3, totalling ₹85.6 crore.  

Meanwhile, non-resident Indian Sneha Sadhwani sold a 1.71% stake in Vintage Coffee for ₹38.89 crore. 

GNG Electronics Share Price Performance  

As of June 12, 2026, at 10:33 AM, GNG Electronics share price on NSE was trading at ₹427.80 up by 2.21% from the previous closing price. 

Conclusion 

The transaction showcased an acquisition of a 3.9% stake in GNG Electronics by 8 investors, including Goldman Sachs and ITI MF, at ₹390 per share. GNG Electronics' shares surged by 6.6% to ₹418.55 on June 11, 2026. 

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