Soach Global to earn nearly 25 times return from partial NSE stake sale

Mumbai, Sep 17 (UNI) Soach Global Strategic Holdings Limited, Mauritius is set to realise a substantial return from the partial sale of its stake in the National Stock Exchange of India Limited, with the transaction expected to generate nearly 25 times the fund's average acquisition cost. The investment firm had acquired 150,000 equity shares of NSE from Industrial Finance Corporation of India in January 2016 at Rs Rs3,950 per share. The purchase involved a total investment of Rs59.25 crore. Over the following decade, the holding increased to 8,250,000 shares through corporate actions, without any additional investment. As a result, Soach…