Redect Consultancy sells over 36 lakh shares of Kingfisher

Mumbai: In a bulk deal, Redect Consultancy offloaded 36,97,073 shares of the company for Rs 11.33 apiece, valuing the deal at Rs 4.18 crore, according to the data available with the stock exchanges.
However, buyers of the shares could not be ascertained.
As of April 24, 2012, Redect Consultancy held 1.89 crore shares, or 2.8% stake in the company.
30/05/12 Press Trust of India/Business Standard

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Categories: Kingfisher May 2012