SBI to sell 2 pc stake in IPO-bound NSDL
时间:2024-06-26 08:38:01 阅读(143)
State Bank of India (SBI) on Monday said it proposes to sell 2 per cent stake by offloading 40 lakh shares in depository organisation NSDL.The bank intends to participate in an Initial Public Offering (IPO) of National Securities Depositories Limited (NSDL), SBI said in a regulatory filing.
SBI holds 5 per cent stake in the NSDL while it intends to divest 2 per cent in the Offer For Sale (OFS) subject to the terms of the proposed IPO, it said.NSDL is a depository set-up to carry on, regulate and manage the business of providing depository and clearing and settlement services in respect of securities and instruments of all kinds.
上一篇:Sebi comes out with uniform format for reporting OTC trades in non-convertible securities
(The stock recommendations in this story are by the respective research analysts and brokerage firms. FinancialExpress.com does not bear any responsibility for their investment advice. Capital markets investments are subject to rules and regulations. Please consult your investment advisor before investing.)
猜你喜欢
- SEBI board meet- Open market share buyback minimum utilisation raised to 75%; Keki Mistry proposals accepted
- Nifty could rally till 17900-17925 if it holds above 17725; Axis Bank, HCL Tech, SAIL among top stocks to buy
- SBI, ICICI, BoB hit 52-week highs
- Rupee likely to depreciate amid strong dollar demand, risk aversion in markets; USDINR pair to trade sideways
- Most long-only funds beat Nifty returns in June
- Nifty forms long bullish candle on daily charts, signals positive trend; BPCL, Wipro, among stocks to buy
- Most closely tracked events by traders and investors in 2024
- Rooted in spirituality! Rishi Sunak, Akshata Murty’s faith garners attention as they visit Akshardham Temple – See Pictures
- Rupee likely to depreciate further, USDINR may consolidate in 77-79 range in next quarter - INTERVIEW