Havells family office-backed QRG Investments offloads 3.36% stake in Awfis Space Solutions for Rs 141 crore

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QRG has gradually been reducing its shareholding in Awfis. Considering today’s transaction, its shareholding dropped below 1 percent at 0.75 percent.

Bulk Deals on October 14

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QRG Investments and Holdings, the part of QRG Group – the family office of Havells India, has offloaded 3.36 percent stake in workspace solutions provider Awfis Space Solutions via open market transactions on October 14.

Awfis Space Solutions appears to be caught in a bear trap, falling 1.88 percent to Rs 575.85 and decisively breaking the midline of Bollinger bands with long bearish candle formation. The stock extended downward move for third consecutive session.

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QRG Investments sold 24.07 lakh shares (3.36 percent stake) at Rs 585.14 per share, valued at Rs 140.89 crore, however, HSBC Mutual Fund has acquired 9.18 lakh shares (1.28 percent stake) at Rs 585 per share for Rs 53.72 crore.

QRG has gradually been reducing its shareholding in Awfis. As of September 2025, QRG Investments held 4.11 percent stake (29.39 lakh shares) in Awfis, against 5.07 percent shares in June 2025 and 7.12 percent stake as of March 2025. Considering today’s transaction, its shareholding dropped below 1 percent at 0.75 percent.

Meanwhile, M and B Engineering was also in action, soaring sharply by 10.42 percent to Rs 406.75 and forming long bullish candle on the daily timeframe. 360 ONE Asset Management bought 5.21 lakh shares (0.91 percent stake) at Rs 404.41 per share for Rs 21.09 crore.