Bank of Baroda Merger & Restructuring Worth ₹1,372 Cr
Bank of Baroda sold 76,90,375 shares of the National Stock Exchange of India in its IPO for a total consideration of Rs. 1,372.35 Crores.
- Value
- ₹1,372 Cr
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Bank of Baroda sold 76,90,375 shares of the National Stock Exchange of India in its IPO for a total consideration of Rs. 1,372.35 Crores.
Bank of Baroda incorporated a new subsidiary, BOB Pension Fund Management Company Limited, with an investment of ₹80.10 Crore to manage pension assets.
Bank of Baroda proposes to divest up to 76,90,375 equity shares of NSE via the upcoming National Stock Exchange IPO as a selling shareholder.
Bank of Baroda informed that IndiaFirst Life Insurance, its subsidiary, reported a 25.96% stake transfer between two external entities, Caramel Point Investments and BNP Paribas Cardif.