Friday, December 12, 2025 | 02:59 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

State Bank of India sells 5% stake held in Nationa Stock Exchange

Image

Capital Market

For Rs 911.25 crore

State Bank of India has sold 5% stake in National Stock Exchange of India (NSE) constituting 22,50,000 equity shares of NSE to Veracity Investments, a Mauritius based FII, on 30 June 2016 @ Rs.4050 per share for a total consideration of Rs.911.25 crore. Post this transaction, SBI holds 5.19% stake in NSE while its subsidiary SBI Capital Markets holds another 4.33% in the NSE.

Powered by Capital Market - Live News

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 04 2016 | 6:58 PM IST

Explore News