by selling its entire 1.26 per cent stake in the company for Rs 714 crore through an open market transaction. According to the
bulk deal data available on the BSE, US-based TA Associates through its arm TA
FDI Investors sold 93.90 lakh shares, amounting to a 1.26 per cent stake in Jaipur-based AU Small
Finance Bank (AU SFB).
The shares were disposed of at an average price of Rs 760.07 apiece, taking the deal value to Rs 713.78 crore.
Details of the buyers of AU SFB's shares could not be ascertained on the BSE.
Shares of AU Small Finance
Bank fell 0.93 per cent to close at Rs 764.70 apiece on the BSE.
In a separate
block deal on the BSE, Morgan Stanley Asia (Singapore) sold 1.25 lakh shares of
Bajaj Finserv for Rs 25 crore through an open market transaction. The shares were offloaded at an average price of Rs 1,983.8 apiece, taking the deal value to Rs 24.80 crore. These shares were acquired by Paris-based
BNP Paribas through its affiliate BNP Paribas Financial Markets at the same price.
The scrip of Bajaj Finserv slipped 0.92 per cent to settle at Rs 1998.35 apiece on the BSE.