Latest News | Plutus Wealth Management Sells 1.84 Pc Stake in CSB Bank for Rs 74 Cr

New Delhi, Oct 21 (PTI) Plutus Wealth Management on Friday divested a 1.84 per cent stake in private lender CSB Bank for over Rs 74 crore through an open market transaction.

In the bulk deal data available with BSE, Plutus Wealth Management sold 32 lakh shares, amounting to a 1.84 per cent stake in the company.

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The shares were disposed of at an average price of Rs 233 apiece, taking the transaction value to Rs 74.56 crore.

Meanwhile, SBI Mutual Fund picked up a little over 31 lakh shares of the company at the same price.

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CSB Bank's shares closed 6.89 per cent lower at Rs 233 on BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)