Temasek Converts Warrants in AU Small Fin Bank
Posted on 12/13/2019
Singapore’s Temasek Holdings, through its Camas Investments Pte unit, invested Rs 525 crore (US$ 74 million) in Jaipur-based AU Small Fin Bank through the conversion of warrants. This brings Temasek’s stake in the bank up to 4.8%.
In June 2008, Temasek made a commitment to invest Rs 1,000 crore in the bank.