Centurion Bank To Sell Bulk Of Ahuja & #8217;S Stake

The board of Centurion Bank has decided to sell 23.12 per cent stake belonging to chief promoter Dev Ahuja to a strategic investor. Ahuja, who owns these shares through TCFC Finance Ltd (TFL), had placed these shares on lien with the bank as part of a financial support agreement in April 1999. The board had decided at its September meeting to sell off TFL