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HCL Tech VC Nayar sells 0.146% stake for Rs42.73 cr

HCL Tech VC Nayar sells 0.146% stake for Rs42.73 cr
PTI
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First Published: Wed, Dec 08 2010. 11 23 AM IST
Updated: Wed, Dec 08 2010. 11 23 AM IST
Mumbai: IT services provider HCL Technologies on Wednesday said its vice-chairman Vineet Nayar has sold his 0.146% stake in the company for Rs42.73 crore.
Nayar has divested his 0.146% stake in the company by selling 10 lakh shares, held under the family trust on 7 December, HCL Technologies said in a filing to the Bombay Stock Exchange (BSE).
Prior to the transaction, Nayar held 0.395% stake in the IT major, which has now reduced to 0.249%.
The company share was trading at Rs430.30 in the early trade, up 0.28% from previous close on the BSE.
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First Published: Wed, Dec 08 2010. 11 23 AM IST