Wednesday, 13 November 2013

ICICI Brokerage Services sells 6.20 lakh shares of Bata India: Report

ICICI Brokerage Services has reportedly sold 6.20 lakh shares or 0.97% stake of Bata India to Bata BN BV. The shares were sold on an average price of Rs 888.35 valuing the transaction to Rs 55.69 crore.

Bata India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. The company manufactures footwear for men, women and children. The company manufactures shoes of various quality such as leather, rubber, canvas and PVC shoes.

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