ICICI Bank today sold 31,50,000 shares of Federal Bank in a price band of Rs 170-176 per share.According to data on the BSE website, Kuroto Fund LP bought 9.80 lakh shares at Rs 175.90 per share, and Goldman Sachs bought 20 lakh shares at Rs 170.25 per share.According to shareholding data on the BSE website, ICICI Bank held 1,35,97,200 shares of Federal Bank as on September 30, 2005. The bank has an equity base of 6,54,95,479 shares of Rs 10 each.The block deal today translates to around 4.5% equity changing hands. ICICI Bank has thus divested around 23% of its stake in the bank today.
