Share Market News: Cipla, AU Small Finance Bank, telecom, other stocks to track on Wednesday
Share Market News: Here's a list of stocks that are set to be in focus during Wednesday's session.
Share Market News: Here's a list of stocks that are set to be in focus during Wednesday's session:
PE firm offloads 1.5% stake in AU Small Finance Bank
Private equity firm WestBridge Capital has divested a 1.5 per cent stake in AU Small Finance Bank for Rs 736 crore via open market transactions. According to the bulk deal data available on the BSE, WestBridge Capital through its affiliate WestBridge AIF I sold 1,08,95,517 shares amounting to a 1.5 per cent stake in AU Small Finance Bank.
The shares were offloaded at an average price of Rs 676.06 apiece, taking the deal value to Rs 736.60 crore. Read more
AU Small Finance Bank has submitted an application to the RBI seeking approval for a universal bank license.