Ashok Leyland (ALL) on Tuesday informed the stock exchanges that it has offloaded 50 lakh shares in group company IndusInd Bank through a combination of bulk, block and normal tradings. According to BSE data, through the bulk deal, the company has sold 31.25 lakh IndusInd Bank shares at R476.82 a share. Through another block deal, ALL sold 12.50 lakh shares at R467.85 a share. The remaining shares were sold through the open market system. Sources said that the company must have raised around R240 crore.
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