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.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more