Central Bank of India gets nod for acquisition further stake in CBHFL

The Board of the Directors of Central Bank of India in its meeting held on 26th December, 2022 has accorded in-principle approval for acquiring the entire stake in Cent Bank Home Finance Limited (CBHFL) i.e. remaining 35.60% stake from the existing shareholders of CBHFL namely National Housing Bank, Specified Undertaking of Unit Trust of India (SUUTI) and HUDCO subject to receipt of all regulatory approvals.

Shares of Central Bank of India was last trading in BSE at Rs. 32.15 as compared to the previous close of Rs. 31.45. The total number of shares traded during the day was 1625648 in over 4409 trades.

The stock hit an intraday high of Rs. 32.85 and intraday low of 32.00. The net turnover during the day was Rs. 52547034.00.

Source : Equity Bulls

Keywords

CentralBankofIndia INE483A01010 StakeAcquisition CentBankHomeFinance