CDC Group has sold 76.04 lakh shares of Equitas Holdings for Rs 95 crore through an open market transaction. As per the bulk deal data available with the NSE, CDC Group sold 76,04,280 shares, amounting to 2.22 per cent stake in the company. The shares were sold at an average price of Rs 125.04 per scrip, taking the aggregate value of transaction at Rs 95.08 crore.
Equitas Holdings is a Non-Deposit Taking Systemically Important - Core Investment Company - (CIS-ND-SI) registered with The Reserve Bank of India. The activity of the company is to making investment in subsidiary companies and providing loans to them. It has no other operations.