IndusInd promoter entity sells 33 lakh shares for Rs 138 crore
Quotes

IndusInd promoter entity sells 33 lakh shares for Rs 138 crore

Last Updated: Wednesday, December 26, 2012, 20:03
 
 Comment 0
 
IndusInd promoter entity sells 33 lakh shares for Rs 138 crore
Mumbai: IndusInd International Holdings, one of the promoters of IndusInd Bank, on Wednesday offloaded nearly 33 lakh shares of the private sector lender for a little over Rs 138 crore.

This was in addition to 46 lakh shares sold by the IndusInd International Holdings earlier this week for an estimated Rs 196 crore.

As per bulk data available with the stock exchanges, IndusInd International sold 32.75 lakh shares of the bank.

The shares were sold on an average price of Rs 423 apiece aggregating to a deal size to Rs 138.53 crore, the data showed.

Icon Capital A/C Afrin Dia has purchased 16.5 lakh scrips of IndusInd Bank and another 16.25 lakh shares were picked up by Afrin Dia.

As of December 5, IndusInd International Holdings held 6.85 crore or 13.12 percent stake in the bank.

Shares of IndusInd Bank dropped by 0.82 percent to settle at Rs 421.95 apiece on the BSE.

PTI



First Published: Wednesday, December 26, 2012, 20:03


Comments


comments powered by Disqus
BRICS Annual Summit 2014
BRICS Annual Summit 2014
Tata Zest Standout Features: In Pics
Tata Zest Standout Features: In Pics
New car launches in July
New car launches in July
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics
Google I/O 2014
Google I/O 2014

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved