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Centurion Bank To Sell Bulk Of Ahuja & #8217;S Stake

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:23 AM IST

The board of Centurion Bank has decided to sell 23.12 per cent stake belonging to chief promoter Dev Ahuja to a strategic investor. Ahuja, who owns these shares through TCFC Finance Ltd (TFL), had placed these shares on lien with the bank as part of a financial support agreement in April 1999. The board had decided at its September meeting to sell off TFL

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First Published: Oct 15 2001 | 12:00 AM IST

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