Nomura Singapore sells 1.52% stake in CSB Bank worth Rs 61 crore

Nomura Singapore on Tuesday divested 1.52 per cent stake in private sector lender CSB Bank for over Rs 61 crore through an open market transaction

CSB BANK
Press Trust of India New Delhi
1 min read Last Updated : Oct 25 2022 | 8:43 PM IST

Nomura Singapore on Tuesday divested 1.52 per cent stake in private sector lender CSB Bank for over Rs 61 crore through an open market transaction.

According to bulk deal data available with the National Stock Exchange (NSE), Nomura Singapore offloaded 26,39,673 shares, amounting to 1.52 per cent stake in the company.

The shares were disposed off at an average price of Rs 232.3 apiece, taking the transaction value to Rs 61.31 crore.

Meanwhile, Maybank Securities Pte bought the shares at the same price.

On Tuesday, shares of CSB Bank closed 2.42 per cent lower at Rs 228.20 apiece on NSE.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :NomuraCSB BankStake sale

First Published: Oct 25 2022 | 8:43 PM IST

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