Goldman Sachs Investments (Mauritius) has offloaded 11.94 lakh shares of private sector lender Karnataka Bank for Rs 11.74 crore. Shares of Karnataka Bank were sold on an average price of Rs 98.36 through open market transactions
As of June quarter, Goldman Sachs Investments held 25.84 lakh shares, representing 1.37% stake, of Karnataka Bank.
The institutions and non-institutions held 29.82% and 70.18% stake in the bank, respectively.