Karnataka Bank Bulk Deal: Aditya Kumar Halwasiya Acquires ₹71 Cr Stake
Aditya Kumar Halwasiya, CMD of Cupid Limited, purchased 38 lakh shares in Karnataka Bank through a bulk deal on Friday for ₹71 crore, representing a 5.6% premium. As of September 30, 2025, Karnataka Bank reported a Liquidity Coverage Ratio (LCR) of 188.16%. The bank’s recent performance includes a net profit of ₹319.12 crore for Q2 FY26, reflecting a 9.1% increase. Despite seeing an 8% rise in share prices, Karnataka Bank has struggled over the past year, with shares down 6% yet backed by Quant Mutual Fund holding 3.90%.