LOLC Group divests 20% of AgStar

LOLC Group yesterday said it disposed over 90 million shares or 19.5 percent stake held in AgStar PLC during the period between December 16, 2022 and January 25, 2023.
The shares were divested at prices between Rs.15.00 and Rs.17.50 per share. Post divestment, LOLC Group continues to hold 269.4 million AgStar shares representing 58.41 percent of voting rights and 17.4 million non-voting shares representing 66.66 of non-voting rights.