Friday 27 September 2013

ICICI Prudential Life Insurance sells 5.82 lakh shares of ABG Shipyard

ICICI Prudential Life Insurance Company has sold total 582,608 shares of ABG Shipyard through an open market transaction on September 26, 2013. The life insurer has sold 291,304 shares at Rs 271.01 on National Stock Exchange (NSE) and another 291,304 shares at Rs 271 on Bombay Stock Exchange (BSE).

ABG Shipyard is engaged in the business of carrying shipbuilding and ship repair business. The company has emerged as the largest private sector shipbuilding yard in India with satisfied customer base all around the world.

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