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Yes Bank Sells Shares Worth Rs 5.7 Crore In Reliance Power

A total of 3,02,59,855 shares, representing 1.07 percent of the total shares of Reliance Power, were sold by Yes Bank.

A pedestrian and motorcyclist pass a Yes Bank Ltd. branch in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
A pedestrian and motorcyclist pass a Yes Bank Ltd. branch in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Yes Bank Ltd. on Tuesday offloaded shares worth over Rs 5.7 crore in Reliance Power Ltd. through an open market transaction.

According to bulk deal data on the National Stock Exchange, a total of 3,02,59,855 shares, representing 1.07 percent of the total shares of Reliance Power, were sold by the private lender.

The lender sold the shares at an average price of Rs 1.91 apiece, which took the total deal value to over Rs 5.77 crore. The buyer, however, could not be ascertained.