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Merrill Lynch fund sells ICICI Bank shares worth Rs 34 cr at Rs 714 apiece

Merrill Lynch India Equities Fund Mauritius Ltd on Tuesday sold 4.80 lakh shares of private lender ICICI Bank worth Rs 34 crore through an open market transaction.

Topics
ICICI Bank  | Indian Banks

Press Trust of India  |  New Delhi 

icici bank
ICICI Bank

Merrill Lynch India Equities Fund Mauritius Ltd on Tuesday sold 4.80 lakh shares of private lender worth Rs 34 crore through an open market transaction.

According to block deal data available with the BSE, Merrill Lynch sold 4,80,440 shares at an average price of Rs 714.65 apiece, taking the transaction size to Rs 34.33 crore.

BlackRock Global Funds India Fund picked up the same amount of shares at the same price.

The scrip of closed 0.13 per cent higher at Rs 711.25 on BSE.

(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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First Published: Tue, May 10 2022. 22:34 IST
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