BSE Limited Acquires 3.33% Equity Stake in India International Bullion Holding IFSC Limited
BSE Limited has announced a strategic investment, acquiring a 3.33% equity stake in India International Bullion Holding IFSC Limited (IIBH). The acquisition was completed for an aggregate consideration of ₹ 10.10 Crore.The investment by BSE Limited into IIBH signifies a move into the bullion holding sector. The purchase was executed following the receipt of all requisite approvals, including authorization from the Securities and Exchange Board of India (SEBI), making it a fully operationalized equity stake.
BSE Stock Price Movement
Today, BSE Limited shares edged higher to settle at ₹3646.20 after gaining 3.28%. The stock traded within an intraday range of ₹3517 and ₹3652.5, completing the day on strong volume of 2.75 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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