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BNP Paribas Cardif to sell 2.5% stake in SBI Life for Rs 1,625 crore

Updated : June 25, 2019 06:54 AM IST

The two-day OFS, for which the floor price has been fixed at Rs 650 per share, will open on Tuesday, SBI Life Insurance Company said in a BSE filing Monday.
The floor price is lower than Monday's closing rate of Rs 710.45 per share on the BSE.
BNP Paribas Cardif to sell 2.5% stake in SBI Life for Rs 1,625 crore
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