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SBI Life Insurance buys additional stake in KIMS for Rs 184 cr

Project-Your-State-sbi-life-insurance-buys-additional-stake-in-kims-for-rs-184-cr

Published 28 Aug, 2024

By Staff Reporter

SBI Life Insurance on Tuesday bought additional 7.75 lakh shares of Krishna Institute of Medical Sciences (KIMS) for Rs 184 crore through open market transactions.

According to the block deal data available on the BSE, SBI Life Insurance Company purchased 7,75,758 shares, amounting to a 0.97 per cent stake in KIMS.

The shares were picked up at an average price of Rs 2,373.3 apiece, taking the transaction value to Rs 184.11 crore.



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