Bandhan Bank: Equity Share Update Stock

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

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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

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(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.

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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.

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The stock ended 2.5 per cent higher on March 8.

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