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Tata Communications’ promoters sell 33 lakh shares in last one month

01 Jul 2013 Evaluate

Tata Communications’ promoters have offloaded 33 lakh shares of the company in last one month. As on March 31, 2013, the promoters holding in the company stood at 76.15%, while institutions and non-institutions held 15.57% and 3.31% stake in the company, respectively.

As per the Securities and Exchange Board of India (SEBI) minimum public shareholding norms, all private sector listed companies need to have at least 25% public shareholding and promoters were asked to lower their stake to 75% or below by June 30, 2013.

Tata Communications is a leading global provider of a new world of communications. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers.

Tata Communications Share Price

1521.05 -41.30 (-2.64%)
17-Apr-2026 16:59 View Price Chart
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