CRISIL to sell 49% stake in India Index Services for Rs 100cr

Aug 27, 2013, 12.20 PM IST

CRISIL will be selling its equity stake in India Index Services & Products (IISL), comprising 6,37,000 equity shares of face value Rs 10 each and representing 49% of the total equity share capital of IISL, its Joint Venture with NSE. The above stake will be sold to NSE Strategic Investment Corporation for a total consideration of Rs 100 crore.

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CRISIL to sell 49% stake in India Index Services for Rs 100cr

CRISIL will be selling its equity stake in India Index Services & Products (IISL), comprising 6,37,000 equity shares of face value Rs 10 each and representing 49% of the total equity share capital of IISL, its Joint Venture with NSE. The above stake will be sold to NSE Strategic Investment Corporation for a total consideration of Rs 100 crore.

Like this story, share it with millions of investors on M3

CRISIL to sell 49% stake in India Index Services for Rs 100cr

CRISIL will be selling its equity stake in India Index Services & Products (IISL), comprising 6,37,000 equity shares of face value Rs 10 each and representing 49% of the total equity share capital of IISL, its Joint Venture with NSE. The above stake will be sold to NSE Strategic Investment Corporation for a total consideration of Rs 100 crore.

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CRISIL Ltd has informed BSE that the CRISIL will be selling its equity stake in India Index Services & Products Limited (IISL), comprising 6,37,000 equity shares of face value Rs. 10 each and representing 49% of the total equity share capital of IISL, its Joint Venture with National Stock Exchange of India Limited (NSE). The above stake will be sold to NSE Strategic Investment Corporation Limited for a total consideration of Rs. 100 crore (Rupees One Hundred Crore Only).Source : BSE

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