In a significant move that has captured the attention of the stock market, two overseas entities, Augusta TBO (Singapore) Pte Ltd and TBO Korea Holdings Ltd, have sold off more than 70 lakh shares of TBO Tek—a leading tech company—amounting to a 6.8% stake in the company. The deal, which was completed via bulk transactions, was valued at a staggering INR 870 crore. But what does this mean for…
