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This is an archive article published on July 26, 2012

SKS Microfinance: Deutsche Sec buys 9%

Deutsche Securities picked up 9.15% stake in SKS Microfinance for an estimated Rs 78 crore.

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Deutsche Securities Mauritius has picked up 9.15 per cent stake in SKS Microfinance for an estimated Rs 78 crore.

Deutsche Bank arm has picked up 95 lakh shares through qualified institutional placement basis,the German bank said in a BSE filing.

Deutsche Securities Mauritius expected to have paid about Rs 77.9 crore at today’s closing price for picking up shares of Hyderabad based micro finance company.

Shares of SKS Microfinance closed today at Rs 82,down 4.93 per cent from the previous close on the BSE.

Stocks More on SKS Microfinance

Company INFO More on SKS Microfinance

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