As per data from NSE, Siddhartha Yog bought another 10.73 lakh shares of Trent in a block deal on Tuesday. The seller was Dodona Holdings.

What Happened: As per the data, Yog — who is the founding partner of Xander Group, an investment firm focused on emerging markets, managing assets exceeding $3 billion (₹25,130 crore) — purchased around 10.73 lakh shares at an average price of ₹7,553. The total cost of the transaction came in at ₹808.53 crore.

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Since August, Yog has purchased over 53.86 lakh shares of the company with a total investment of over ₹3,863 crore. The seller on all occasions has been Dodona Holdings.

Dodona Holdings is a fund managed by the Xander Group. As per NSE data, the company had purchased shares from Yog back in 2014 in a block deal. The fund had purchased 10.50 lakh Trent shares at the time. Xander Group and Trent had entered into an anchor tenancy deal back in 2007. The current status of this partnership is not known.

Apart from Trent, Yog bought a stake in another Tata Group company, the Indian Hotels Company. He bought 3.21 lakh shares of the company in July.

The Tata Group company is set to enter the Nifty 50 index at the end of September. As per Nuvama Alternative & Quantitative Research, the rejig could lead to an inflow of $500 million (around ₹4,195 crore) for Trent.

Price Action: Trent’s share price was up 0.40% to trade at ₹7,652 shortly after market open on Wednesday.

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Editor’s note: The story has been updated to include more context around Dodona Holdings, Xander Group, Siddhartha Yog and Trent.