Samara Capital, Norwest sells RBL Bank shares worth Rs 495 cr

Press Trust of India  |  New Delhi 

Private equity firms Samara Capital and Norwest Venture Partners today offloaded RBL worth Rs 495 crore through open market transactions.

The central of Norway, Norges Bank, was among the buyers of the It also manages the Pension Fund Global.


According to bulk deal data available with the BSE, Norwest Venture Partners sold 60 lakh of RBL at Rs 515.04 apiece, valuing the at Rs 309.02 crore.

Besides, Samara Capital Partners offloaded a total of 36.10 lakh of the on an average price of Rs 515, translating the size to Rs 185.91 crore.

Norges picked up 3,834,009 scrips of the private sector lender for an estimated Rs 197.45 crore. The scrips were bought at Rs 515 apiece.

RBL stock settled 4.06 per cent higher at Rs 531.40 apiece on

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 29 2017. 19:32 IST