Bank of Baroda to sell entire equity stake in ECIS

Bank Of Baroda | Bank - Public | BFSI | BSE: 532134 | NSE: BANKBARODA

15 Jan 2020 Evaluate

Bank of Baroda has executed a Share Purchase Agreement (SPA), for sale of its entire equity stake of 10.00% in Equifax Credit Information Services (ECIS). Cash consideration computed as sale shares multiplied by sale price per share Rs 67.43 per equity share to be increased as per terms of agreement.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Peers

Company Name	CMP
State Bank Of India	980.50
PNB	116.00
Bank Of Baroda	234.45
Canara Bank	123.10
Union Bank Of India	176.50
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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