Plutus Wealth Management on Friday divested a 1.84 per cent stake in private lender CSB Bank for over Rs 74 crore through an open market transaction.
In the bulk deal data available with BSE, Plutus Wealth Management sold 32 lakh shares, amounting to a 1.84 per cent stake in the company.
The shares were disposed of at an average price of Rs 233 apiece, taking the transaction value to Rs 74.56 crore. Meanwhile, SBI Mutual Fund picked up a little over 31 lakh shares of the company at the same price.
CSB Bank's shares closed 6.89 per cent lower at Rs 233 on BSE.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.