Biksham Gujja-led SKS Trust, the single-largest shareholder of the SKS Microfinance has sold nearly 7.5% stake in SKS Microfinance in block deal on May 21, 2014. SKS trust held 12.5% equity stake in SKS Microfinance.
As on March 31, 2014, the promoters holding in the company stood at 27.90% while institutions and non-institutions held 43.54% and 28.56% stake in the company respectively.
SKS Microfinance (SKS) is a non-banking finance company (NBFC), registered and regulated by the Reserve Bank of India, whose mission is to provide financial services to low-income households. SKS operates across 16 states of India.
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