IDBI Bank's board approves preferential issue of Rs 4,557 crore to government, Rs 4,743 crore to LIC
IDBI Bank on Wednesday said it has sold over 35 lakh equity shares held in the NSE for an undisclosed amount.
IDBI Bank has sold an aggregate 35.40 lakh equity shares constituting 0.72 per cent out of 1.5 per cent of the paid-up capital of National Stock Exchange of India Ltd, it said in a regulatory filing.
The bank has not provided details about the value of the stake sale.
Shares of IDBI Bank closed 1.68 per cent up at Rs 33.25 apiece on the BSE.
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