09-Sept-2026 19:52:40
INDIANBDividend
INDIAN BANK : TO SELL 17.91% STAKE IN NSE VIA IPO OFFER FOR SALE
• The bank proposes to divest up to 15,00,000 equity shares of NSE, constituting 17.91% of its holding. • This divestment will be through an Offer for Sale in the proposed Initial Public Offering (IPO) of NSE. • The transaction is subject to requisite regulatory approvals and is expected to be completed by end of September 2026. • Indian Bank received a dividend of ₹29,31,25,000 from NSE for FY 2025-26.
Indian Bank
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