IndusInd International Holdings, one of the promoters of IndusInd Bank, on December 24 offloaded 46 lakh shares of the private sector lender for about Rs 196 crore through open market transaction. As per the bulk deal data available with the stock exchanges, IndusInd International sold shares of IndusInd Bank at an average price of Rs 425.43 a piece.
The deal was valued at Rs 195.7 crore. The entity held nearly 6.85 crore shares in the bank representing 13.12 per cent stake, as on December 5, 2012.