UBS offloads 39.50 lakh shares of IndusInd Bank

The UBS Principal Capital Asia has sold 39.50 lakh shares of IndusInd Bank Ltd on the open market.

According to the data available on the exchange, “The UBS Principal Capital Asia has offloaded 39.50 lakh shares of IndusInd bank at an average price of Rs 928 apiece, totaling about Rs 366.5 crore.”

“The shares of the same amount of the bank was purchased on the BofA Securities Europe SA,” the data shows.