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Capital First intimates of proposed change in promoter holding

Capital Market 

Cloverdell Investment plans to sell 20% stake held in Capital First

Capital First announced that Cloverdell Investment, an affiliate of Warburg Pincus group and Promoter of the Company proposes to sale upto 20 Million equity shares held by them in the Company. This amounts to 20% (approx.) of the shareholding of the Company out of their total stake of 61% held in the Company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 17 2017. 10:10 IST