IDBI Bank to divest its stake in NEGIL

Kashmir Age
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Kashmir Age
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Mumbai, Dec 12: Public Sector Lender, IDBI Bank said that it has received an approval for sale of 1,20,00,000 equity shares of NSDL e-Governance Infrastructure (NEGIL) constituting 30 percent of its total paid up equity capital held by the bank.

The board of directors by way of Circular Resolution has approved for the same, bank said in a filiing with BSE.

 

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