Commodity Repository Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

JPMorgan had last evening issued a term sheet for a block deal in which Standard Chartered Bank offered to sell its entire 7.18% stake at a floor price of Rs 1,672 per share. The deal size is estimated to be worth Rs 1,250 crore at floor price. But a confirmation about the deal would come in the evening when exchanges release block deal data.

In November last year, CDSL became the first depository to register 10 crore Demat accounts.

According to exchange data, the bank has offloaded 75 lakh shares or 7.1% stake in the company at Rs 1,688.4, taking the deal value to around Rs 1,266 crore.