Jai Balu Energy Partners Sells Shares Worth INR 676 Crore to Energy Company Jiguyji Partners!

New Delhi: Jiguyji Partners, the first investment company based in the United States, announced today that through open market transactions, it has sold Jai Balu Energy’s shares worth INR 676 crores. Rajeev Jain’s supported Jiguyji Partners, in partnership with its subsidiary Jiguyji Partners Emerging Markets Equity Fund, sold an increased number of shares than the previous transaction, at a value of INR 444, with the current valuation standing at INR 676.69 crores. Following the recent transaction, Jai Balu Energy’s shares held by Jiguyji Partners shifted from 1.79% to 0.92%. Subsequently, Jai Balu Energy’s shares closed 0.44% lower at INR 451.60.