Bank of India (BoI), a state-owned commercial bank, has sold its entire stake of 5% (12.50 lakh shares) in TransUnion CIBIL (TUCIBIL) to TransUnion International Inc (TUI). The deal was concluded on March 22, 2017 at the rate of Rs 1525.00 per equity share for a total consideration amount of Rs 1.90 billion.
Total volume of shares traded on the bourses today was lower by 59.03% to 1,295,703 compared with 22-day average volume of 3,162,490.
Shares of the bank gained Rs 0.7, or 0.56%, to trade at Rs 126.50. The total volume of shares traded was 138,417 at the BSE (11.55 a.m., Thursday).