AU Small Finance Bank share price rose over 2 percent in the morning trade on November 24 after the company sold its stake in Aavas Financiers.


The bank on November 23 sold 35,00,000 equity shares (face value of Rs 10 each) held in Aavas Financiers constituting around 4.46 percent of the company's paid-up capital.

After the sale, the company holds 3,383 equity shares in AAVAS.

At 0923 hours, AU Small Finance Bank was quoting at Rs 885.85, up Rs 16.20, or 1.86 percent on the BSE.