BNP Paribas Arbitrage has sold 32 lakh shares of Equitas Holding. The company has offloaded these shares at Rs 151.92 on the NSE on September 28.
Earlier this month, Morgan Stanley (France) S.A. bought 1.03 crore shares of Equitas Holdings at Rs 172 on September 7, 2017. However, Cinnamon Capital sold 1.39 crore shares of the company at Rs 172 on the NSE and offloaded 26 lakh shares of the company at Rs 172.01 on the BSE.
Equitas Holdings is a diversified financial services provider focused on individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels.