Mauritius Unitus offloads morestake in SKS Microfinance

Mauritius Unitus Corporation has sold over 1 lakh of its shares in SKS Microfinance Ltd in open market trade on the BSE and the NSE. According to a filing to the bourses on Tuesday, the transaction of sale was done between Janary 18 and 21. Post the sale, Mauritius Unitus Corporation now has 1.74 per cent stake in the only-listed microfinance institution in the country. Last week, Mauritius Unitus had sold over 19,498 shares in a transaction valued at Rs 34.35 lakh.