Block deals: Over 3.3 crore shares of Kotak Mahindra Bank traded on BSE

More than 3.3 crore shares Kotak Mahindra Bank Data exchange today in two big deals on BSE, data exchange showed.

At 9.15 am, about 2.2 crore shares were trading at Rs 1,855 crore each while another block of 1.09 crore shares was trading at INR 1,864.15.

Canada Pension Plan Investment Board It is the most likely seller according to the terms sheet, which showed the pension fund liquidating a 1.7 percent stake in the private bank.

At 10.01 am, the bank’s shares were trading slightly lower than the previous day’s close of $1,883.95 on the NSE.