Pabrai Investment Funds sells 3% stake in Repco Home Finance

Pabrai Investment Funds has sold 3% stake in Repco Home Finance through an open market transaction for an estimated worth Rs 60 crore. Pabrai Investment Funds which held 7.16% stake in Repco Home Finance earlier, sold 17.85 lakh shares representing 2.85% of equity stake.

Repco Home Finance is into the business of providing long term loan financing for Residential purposes in India.