Sanlam Life cuts Shriram Finance stake

Shares of the company closed 1.1% down at ₹2,360 on Thursday, after declining 3.22% in the last one month.

Mumbai: South Africa based Co, part of the in Shriram Finance, has sold 59.8 lakh worth ₹1,426.83 crore on the NSE in a Thursday. The company held about 75.37 lakh shares, or 2.01%, stake in as of December 2023. The shares were bought by promoter Shriram Value Services at ₹2,386 apiece.

Shares of the company closed 1.1% down at ₹2,360 on Thursday, after declining 3.22% in the last one month.

Source: Stocks-Markets-Economic Times