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IndusInd promoter entity sells 33 lakh shares for Rs 138 crore

Last Updated: Wednesday, December 26, 2012 - 20:03

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.


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