IFCI sells 1.5% stake in NSE for INR 263.3 crore.

Q.  IFCI has recently sold 1.5% of its stake in which stock exchange for INR 263.3 crore on September 17, 2015?
- Published on 18 Sep 15

a. Bombay Stock Exchange
b. National Stock Exchange
c. Kolkata Stock Exchange
d. Hyderabad Stock Exchange

ANSWER: National Stock Exchange
 
Infrastructure lending company IFCI has sold 1.5% of its stake in NSE for INR 263.3 crore. It has made partial divestment of up to 1.5% of stake in NSE at 6,75,000 equity shares, to a certain buyer, at a price of Rs 3,900 per share, aggregating Rs 263.3 crore on September 15, 2015. The company earlier held 5.6% in NSE.

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