Samara Capital, Norwest sells RBL Bank shares worth Rs 495 cr

Private equity firms Samara Capital and Norwest Venture Partners today offloaded RBL Bank shares worth Rs 495 crore through open market transactions.
The central bank of Norway, Norges Bank, was among the buyers of the shares. It also manages the Government Pension Fund Global.
According to bulk deal data available with the BSE, Norwest Venture Partners sold 60 lakh shares of RBL Bank at Rs 515.04 apiece, valuing the transaction at Rs 309.02 crore.
Besides, Samara Capital Partners offloaded a total of 36.10 lakh shares of the bank on an average price of Rs 515, translating the transaction size to Rs 185.91 crore.

Norges Bank picked up 3,834,009 scrips of the private sector lender for an estimated Rs 197.45 crore. The scrips were bought at Rs 515 apiece.
RBL Bank stock settled 4.06 per cent higher at Rs 531.40 apiece on BSE.