SBI Divests 2.02% Stake in Tamilnadu Telecommunications Amid Strategic Realignment

Unknown Apr 02, 2026 700 Views

State Bank of India (SBI) has sold its 2.02% equity stake in Tamilnadu Telecommunications Ltd (TTL), marking a strategic exit from the fiber optic cable manufacturer. The transaction was executed via bulk deals on January 9, 2024, at an average price of Rs 11 per share, amounting to Rs 46.36 lakh...