Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
AU Small Finance Bank Limited ( (IN:AUBANK) ) has provided an announcement.
AU Small Finance Bank Limited announced that Fincare Business Services Limited (FBSL), previously a major shareholder due to its holding of over 5% of AU SFB shares, has transferred its shares as part of a voluntary liquidation process. This transfer, amounting to approximately 6.15% of AU SFB’s equity, has redistributed ownership among various investor categories, reducing FBSL’s stake to a minor level and impacting the shareholder structure of AU SFB.
More about AU Small Finance Bank Limited
AU Small Finance Bank Limited operates in the financial services industry, primarily focusing on providing small finance banking services. It offers a range of financial products including loans, savings accounts, and other banking services, targeting underserved and unbanked segments of the Indian market.
YTD Price Performance: -6.02%
Average Trading Volume: 175,442
Current Market Cap: 397.6B INR
Find detailed analytics on AUBANK stock on TipRanks’ Stock Analysis page.