Sipadan, an arm of Malaysian sovereign wealth fund Khazanah Nasional Berhad, sold 8.04 crore shares of IDFC Bank, while Integrated Core Strategies Asia Pte Ltd offloaded 2.04 crore of the bank, as per bulk deal data available with the stock exchanges.
The shares were sold on an average price of Rs 68.34 valuing the transaction at Rs 689.96 crore.
Currently, Sipadan owns 9.06 crore shares, or 2.67 per cent, in IDFC Bank.
The bank's stock ended at Rs 68.60 on BSE, down 3.45 per cent, from its previous close.
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