UBS Principal Capital Asia sells Axis Bank shares worth over Rs 150 cr

UBS Principal Capital Asia sells Axis Bank shares worth over Rs 150 cr

Synopsis

A complete of 35 lakh scrips of the personal sector lender had been sold at a suggest payment of Rs 429.5 apiece, valuing the deal at Rs 150.32 crore, per block deal files on the BSE.

http://economictimes.indiatimes.com/
By blueprint of separate transactions, the shares of Axis Monetary institution had been picked up by BofA Securities Europe SA at the the same payment.

NEW DELHI: UBS Significant Capital Asia Ltd on Monday offloaded shares of Axis Monetary institution payment over Rs 150 crore thru open market transactions.

A complete of 35 lakh scrips of the personal sector lender had been sold at a suggest payment of Rs 429.5 apiece, valuing the deal at Rs 150.32 crore, per block deal files on the BSE.

By blueprint of separate transactions, the shares of Axis Monetary institution had been picked up by BofA Securities Europe SA at the the same payment.

Shares of Axis Monetary institution on Monday ended 0.52 per cent lower at Rs 430.95 apiece on the BSE.

On Friday, UBS Significant Capital Asia had sold shares of Axis Monetary institution payment Rs 150 crore, and the scrips had been picked up by BofA Securities Europe SA.

In another transaction, BNP Paribas Arbitrage sold TVS Motor Company Ltd’s shares payment virtually Rs 148 crore.

The entity bought over 35.47 lakh scrips of the lender at Rs 417.05 per scrip, valuing the deal at Rs 147.95 crore.

The scrips had been sold by Goldman Sachs (Singapore) Pte Ltd-ODI at the the same payment thru a separate transaction, the block deal files confirmed.

Shares of TVS Motor Company on Monday closed 0.64 per cent lower at Rs 418.55 apiece on the BSE.

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