Premji Invest-Backed PI Opportunities AIF Purchases Vedanta Iron and Steel Shares Worth ₹101.67 Crore

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. 

Trading Begins After Demerger 

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. 

Bai-Kakaji Polymers Sees Multiple Transactions 

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. 

Niva Bupa Shares Change Hands 

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.  

Vedanta Iron and Steel Share Price Performance  

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.  

Read More: Bharti Airtel Share Price in Focus; Incorporates a Wholly Owned Subsidiary Airtel Global IFSC Limited in GIFT City! 

Conclusion 

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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