Delhi News

Standard Chartered Bank offloads CG Power shares of worth Rs 298 cr

(Singapore) Ltd offloaded 1.38 crore shares of shares for Rs 298 crore on Wednesday through an open market transaction.

According to block deal data available with BSE, (Singapore) Ltd sold 1,38,45,000 shares in six tranches, amounting to a 0.91 per cent stake in the company.

The shares were disposed of at an average price of Rs 215 apiece, taking the transaction value to Rs 297.66 crore.

Meanwhile, Societe Generale, DSP Mutual Fund and HDFC Life Insurance company Ltd picked up the shares of the company.

Shares of closed 1.65 per cent higher at Rs 219.25 on .

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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