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RBL Bank sells 6.41% stake in Kilburn Engineering

18 Aug 2022 Evaluate

RBL Bank has further sold 22,00,000 equity shares representing 6.41% of the paid-up share capital of Kilburn Engineering. The sale transactions were carried out through stock exchanges at the prevailing market price. Shares were sold through stock exchanges secondary market. Post the said sale, the Bank holds 7.58% of the paid-up share capital of Kilburn.

RBL Bank operates as a scheduled commercial bank. The bank offers its services under the various business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets.

Peers
Company Name CMP
HDFC Bank 715.40
ICICI Bank 1350.00
Axis Bank 1241.25
Kotak Mahindra Bank 415.50
Indusind Bank 960.45
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