RBL Bank said its managing director Vishwavir Ahuja has trimmed his stake in the private lender to service personal debt and cater to family commitments. In a stock exchange filing, the bank said Ahuja sold 18,92,900 shares of the company for Rs 38.52 crore over. At the end of June, Ahuja held 1.95 per cent stake or 99,02,990 shares of the bank.
RBL Bank MD trims stake, sells 18.9 lakh shares for Rs 38.5 crore
Date posted: Monday 31 August 2020