Satyam founder stake falls to 3.64%

No Comments » Written on January 7th, 2009 by
Categories: Satyam
Livemint: Satyam founder holding falls again
The holding of the Raju family in Satyam Computer Services Ltd fell to 3.64% after IL&FS Trust Co. Ltd informed the stock exchanges on Tuesday that it had sold 24.52 million of the firm’s shares that had been pledged with lenders
More: Satyam looks for merger with HCL or Mindtree, Tech Mahindra makes it an offer, there's a hearing for the UPaid case on Jan 7, and the board meeting is on Jan 10.

The stock, meanwhile, is at 186, a good 50% off it's lows of 120.

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About the Author: Deepak Shenoy
http://www.capitalmind.in
The man behind Capital Mind. Deepak is a co-founder at MarketVision, a financial knowledge company in Gurgaon. He also provides data research and consulting services in the financial markets space. Connect with him at deepakshenoy@gmail.com.

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