Whirlpool Corporation, a leading manufacturer of home appliances, has sold a 24% stake in its India unit worth Rs.3,880 crore ($468 million). The company's wholly-owned subsidiary, Whirlpool Mauritius Limited, executed this sales transaction of 30.4 million equity shares through market trade.

• Whirlpool conducted the sale through its subsidiary in Mauritius, reducing its stake in the entity from 75% to 51%.
• SBI Mutual Fund, Societe Generale and Nippon India Mutual Fund were among the six buyers who picked up a stake in Whirlpool of India (WHIR.NS), opens new tab at 1,277 rupees apiece, according to bulk deal data from the BSE.