Small Finance Bank
TA Associates exits AU Small Finance Bank
Private equity firm TA Associates sells its entire 1.26% stake in AU Small Finance Bank for Rs 714 crore via open market transaction.
Private equity firm TA Associates sells its entire 1.26% stake in AU Small Finance Bank for Rs 714 crore via open market transaction.
Private equity firm TA Associates has sold its entire 1.26% stake in AU Small Finance Bank 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% stake in Jaipur-based AU Small Finance Bank.
The shares were sold at an average price of Rs 760.07 apiece, taking the deal value to Rs 713.78 crore.
Shares of AU Small Finance Bank fell 0.93% to close at Rs 764.70 apiece on the BSE.
