Bank of Maharashtra to divest entire 4% stake in ISARC

Bank of Maharashtra will divest its entire stake of 4 per cent in India SME Asset Reconstruction Company for nearly Rs 4 crore. Bank of Maharashtra (BoM) has executed a share purchase agreement dated April 6, 2022 for sale of entire equity stake of 4 per cent in India SME Asset Reconstruction Company Ltd (ISARC), the bank said in a regulatory filing.

from Banking/Finance-Industry-Economic Times https://ift.tt/Rgy7TPm