Finance News

Standard Chartered Bank Exits CDSL; Sells 7.18 Per cent Stake For Rs 1,266 Crore

The shares were disposed of at an average price of Rs 1,688.64 apiece, taking the transaction value to Rs 1,266.48 crore

Standard Chartered Bank Sells 7.18 Per cent Stake
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Standard Chartered Bank on Wednesday sold its entire 7.18 per cent stake in Central Depository Services (India) Ltd for Rs 1,266 crore through an open market transaction.

The shares were disposed of at an average price of Rs 1,688.64 apiece, taking the transaction value to Rs 1,266.48 crore.

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