Societe Generale acquired 1.18 per cent stake in the bank through open market

European financial services group Societe Generale acquired more than 1.9 crore equity shares (1.18 per cent stake) in Kolkata-based private sector lender Bandhan Bank via open market transaction

(1.18 per cent stake) in Kolkata-based private sector lender Bandhan Bank via open market transactions.

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These shares were bought at an average price of Rs 306.55 per share.

HDFC was the seller, offloading more than 4.96 crore equity shares (or 3.08 per cent of total paid-up equity) in the bank at an average price of Rs 306.61 per share.

The stock ended 2.5 per cent higher on March 8.

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