Jyothi Infraventures’ Promoter will be selling approximately 103,000 shares constituting 2% of shareholding in the company through secondary market on the floor of the Bombay Stock Exchange (BSE) from May 22, 2013 to May 31, 2013. The Promoter & Managing Director T. Sailaja will be taking this step in order to comply with Clause 40 (A) of listing agreement as her present holding is 76.49% and this move will bring her holding below 75%.
Jyothi Infraventures is a public limited Company and engaged in handling of Infrastructure projects and also proposed to diversify into Power sector. The Company’s shares were listed in Bombay Stock Exchange.
