TATACAP

block deal: French multinational bank buys additional stake - Details

Tata Capital block deal: A French bank named Societe Generale acquired 14,33,651 equity shares of Tata Capital through a block deal on Friday. The total acquisition took place at Rs 354.5 per equity share, which stood at around Rs 51 crore. Shares Earlier Allotted at Lower Price Stock Held According to a reporting by The Economic Times, Tata Capital had allocated 14,13,764 shares to Societe Generale in the IPO anchor bid. This was at Rs 326 per share. These shares consisted of 0.99 per cent of the total anchor allocation.