Key Points
, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (..
Tata Sons plans to offload 23.4 million shares in the country's top..
It holds a 72.4% stake in TCS as of Dec. 31, according to exchange data.. hover at record highs, with TCS and the blue-chip Nifty 50 index, of which it is a part, hitting 10 and 15 record highs this year, respectively.. will be sold at a floor price of 4,001 rupees apiece, a 3.7% discount to its Monday closing price of 4,152.5 rupees...
Major shareholders of ITC, Paytm and Zomato have sold their stake in the companies via block deals - where more than 500,000 shares are traded in a single transaction - in the past few months...
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