ICICI Bank (Investment) has sold 90.89 lakh shares of 3i Infotech through the open market route. The shares were sold on an average price of Rs 3.95 valuing the transaction to Rs 3.59 crore.
Meanwhile, in another transaction, JMP Securities has sold 33.67 lakh shares in 3i Infotech for Rs 3.83 apiece, valuing the transaction at Rs 1.28 crore.
3i Infotech is a global Information Technology company committed to Empowering Business Transformation. A comprehensive set of IP based software solutions (20+), coupled with a wide range of IT services, uniquely positions the company to address the dynamic requirements of a variety of industry verticals, predominantly Banking, Insurance, Capital Markets, Asset & Wealth Management.