<ul><li>SBFC Holdings Pte, a promoter of the non-banking financial company SBFC Finance, sold nearly a 1.3% stake in the company for Rs 112 crore through an open market transaction.</li><li>SBFC Holdings Pte offloaded over 1.36 crore shares or a 1.3% stake, in Mumbai-based SBFC Finance, according to bulk deal data on the NSE.</li><li>After this sale, SBFC Holdings' stake in SBFC Finance reduced from 54.75% to 53.49%. However, details of the buyer(s) were not mentioned on the exchange.</li><li>Shares of SBFC Finance gained 0.57%, closing at Rs 84.64 per share on the NSE.</li></ul>

SBFC Holdings Sells 1.3% Stake In SBFC Finance For Rs 112 Crore

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