6.83% shares of SKS Microfinance change hands on BSE

As many as 50 lakh shares of SKS Microfinance, constituting 6.83% of its total paid-up capital, have changed hands on Tuesday on BSE.

HYDERABAD: As many as 50 lakh shares of the country's lone listed microfinance firm SKS Microfinance, constituting 6.83% of its total paid-up capital, have changed hands on Tuesday on Bombay Stock Exchange.

Deutsche Securities Mauritius Ltd has sold the shares and The Royal Bank of Scotland NV has bought them at Rs 117.15 a share.

On Tuesday, the SKS stock gained 4.97% at Rs 122.40 on BSE, whose benchmark Sensex gained 21 points at 18,694 points.

As per the shareholding of March, promoters hold 37.62% in the company, while public hold 62.38%.

The leading investors among the public category include Sandstone Investments with 11.53%, Vinod Khosla 5.86%, SIDBI 2.5%, Tejas Ventures 2.43%, Goldman Sachs 1.37% and Infosys founder Narayana Murthy's Catamaran Management 1.3%.

In the promoters' category, Kismet Microfinance holds 7.79%, Westbridge Ventures 7.06%, Sequoia Capital 6.84% and Mauritius Unitus Corporation 3.61%.
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