Reliant Institute of Logistics

Private equity firm Carlyle has proposed to sell a 2.53 per cent stake held in logistics firm Delhivery via its special purpose vehicle CA Swift
Investments, according to a term sheet seen by Reuters on Thursday. Carlyle plans to sell Delhivery's shares at a floor price of ₹385.50
apiece, compared with the last close at ₹388.60 . At the lower range, the total offer size is worth $86 million.

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