Royal Bank of Scotland Asia Merchant Bank (Singapore) has sold 15.30 lakh shares of KGN Industries through the open market route. The shares were sold on an average price of Rs 11.66 valuing the transaction to Rs 1.78 crore.
KGN Industries, incorporated on October 14, 1994, has business activities in finance, investments and trading. The company’s finance and investment business includes leasing, hire purchase, bill discounting and intercorporate deposits.