Union Bank sells stake in NSE for Rs 104 cr

New Delhi, Feb 28 () Union Bank of India on Friday said it has sold 0.21 per cent stake in NSE for a cash consideration of over Rs 104 crore.

The stake equivalent to 10,21,250 equity shares has been sold at Rs 1,020 per equity share.

"The bank has executed a share purchase agreement for sale of its equity stake of 0.206 per cent in National Stock Exchange," it said in a regulatory filing.

Stock of the lender traded at Rs 38.70, down 4.33 per cent from its previous close. KPM KPM ANSANS