New Delhi, Mar 28 (PTI) Theleme Master Fund, a UK-based hedge fund, today bought Bank of Baroda shares worth Rs 1,038 crore through an open market transaction. Also Read - Banking Operation, ATM Services to be Affected as Trade Unions Call For Nationwide Strike on Jan 8
According to the bulk deal data available with BSE, Theleme Master Fund Ltd purchased 7,31,50,000 shares or 3.17 per cent stake in the state-owned lender. Also Read - Bank of Baroda Q3 profit jumps 4-fold to Rs 471 crore
The shares were picked up at an average price of Rs 141.95, translating into a transaction of Rs 1,038.36 crore, the data showed. Also Read - Vijaya Bank Q3 net profit surges 80 pc to Rs 143 cr
Among the sellers of the shares was Merrill Lynch Markets Singapore Pte Ltd, which disposed of 7,31,26,423 scrips for a total amount of Rs 1,038.03 crore.
Bank of Baroda stock ended the day on BSE at Rs 142.20 apiece, down 1.08 per cent from the previous close.
This is published unedited from the PTI feed.