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Yes Bank sells over 1.3 million shares of Reliance Capital via open market

However, the buyer of the shares could not be ascertained

Press Trust of India  |  New Delhi 

YES Bank
Representative Image

on Friday sold more than 1.3 million shares of Reliance Capital for over Rs 2 crore through an open market transaction.

According to bulk deal data available with the (NSE), the private sector lender sold 13,21,166 shares at an average price of Rs 16.39 apiece, valuing the transaction at Rs 2.16 crore.

However, the buyer of the shares could not be ascertained. On the NSE, shares of Reliance Capital Ltd ended 4.96 per cent lower at Rs 16.3.

In October, Reliance Nippon Asset Management Company had directed its trustees to sell the remaining shares pledged by Rana Kapoor, co-founder of Yes Bank, as a collateral with the mutual fund house, sources had said

First Published: Fri, November 22 2019. 19:49 IST
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