Liquidity Events
WestBridge Capital sells 1.5% stake in AU Small Finance Bank for Rs.737-Cr
Private Equity firm WestBridge Capital, through its affiliate WestBridge AIF I, has divested a 1.5% stake (1,08,95,517 shares) in Jaipur-based AU Small Finance Bank for about INR 737 crore via open market transactions. The shares were sold at an average price of INR 676.06 apiece, taking the deal value to INR 736.60 crore.At the end of the June quarter, WestBridge AIF I had owned a 1.75 % stake in AU Small Finance Bank (SFB).
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