PI Opportunities AIF V LLP, an investment arm of Premji Invest, purchased 4.83 crore shares of Vedanta Iron and Steel Ltd through a bulk deal on June 15, 2026.
The transaction was valued at ₹101.67 crore, with the shares changing hands at an average price of ₹21.02 each, as per the Moneycontrol news report citing exchange data.
PI Opportunities AIF V LLP is the investment vehicle of Premji Invest, which is ultimately owned by Azim Premji.
The transaction coincided with the market debut of the Vedanta Group's 4 demerged businesses.
The listed companies include Vedanta Oil and Gas, Vedanta Power, Vedanta Aluminium Metal and Vedanta Iron and Steel, following the group's restructuring exercise.
Bulk deals were also reported in Bai-Kakaji Polymers Ltd. Motilal Oswal Financial Services acquired 6 lakh shares, equivalent to around 2.8% equity, for ₹11.76 crore at ₹196.06 per share.
At the same time, Manish Kiritkumar Shah (HUF) sold 1.72 lakh shares worth ₹3.37 crore, while RB Industries offloaded 1.56 lakh shares valued at ₹3.06 crore.
Nearly 40 lakh shares of Niva Bupa Health Insurance Company Ltd were traded in another bulk deal. HSBC Global Investment Funds Indian Equity, HSBC Indian and HSBC Indian Equity Mother Fund bought the shares from Managing Director and CEO Krishnan Ramachandran at ₹83 per share, taking the transaction value to ₹33.2 crore.
As of June 16, 2026, at 1:40 pm, Vedanta Iron & Steel share price was trading at ₹22.11, a 4.99% increase from the previous closing price.
Bulk deals on June 15 were led by PI Opportunities AIF's purchase in Vedanta Iron and Steel, while separate transactions in Bai-Kakaji Polymers and Niva Bupa Health Insurance also featured among the day's notable market activity.
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Published on: Jun 16, 2026, 3:28 PM IST
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