# TPG Sells Rs 301 Crore Shadowfax Shares in Bulk Deal 2026-08-06T22:55:32+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet TPG sold 1.25 crore Shadowfax shares for Rs 300.6 crore through its entity NewQuest Asia Fund IV, according to BSE data reported by Inc42. Hong Kong-based hedge fund Oxbow bought 69.3 lakh shares for Rs 166.5 crore, while the buyers of the remaining shares were not disclosed. The sale follows stake exits by Flipkart and Eight Roads, which together sold shares worth nearly Rs 1,654 crore. Shadowfax’s stock has risen 43.5% in three months after its June quarter profit rose eightfold to Rs 65.4 crore. Revenue grew 65% year on year to Rs 1,358.1 crore, prompting the company to raise its FY27 revenue growth forecast to 38-40%. ## Coverage - inc42.com Tags: bulk deal, logistics, private equity, Shadowfax, TPG Canonical: https://indianopinion.org/tpg-sells-rs-301-crore-shadowfax-shares-in-bulk-deal/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/tpg-sells-rs-301-crore-shadowfax-shares-in-bulk-deal/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.