CLSA Mauritius sells 8.11 lakh shares of SKS Microfinance

CLSA Mauritius has sold 8.11 lakh shares or 0.64% stake of SKS Microfinance through the open market route. The shares were sold on an average price of Rs 341.38 valuing the transaction to Rs 27.69 crore.

SKS Microfinance is a non-banking finance company (NBFC), registered and regulated by the Reserve Bank of India, whose mission is to provide financial services to low-income households. SKS operates across 16 states of India.