RBL Bank divests 362Percentage stake in Kilburn Engineering

14 Aug 2022 , 01:31 AM

RBL Bank has sold 1242532 equity shares representing 362Percentage of the paid up share capital of Kilburn Engineering for Rs 461 crore The Bank was allotted 6750000 equity shares of Kilburn Engineering which represents 1967Percentage of the paid up share capital of the company as part conversion of outstanding loans in terms of debt restructuring plan Post the aforementioned sale the Bank holds 1605Percentage of the paid up share capital of Kilburn