Maytas Infra, partly owned by the family and the founder of Satyam Computer Services Ltd, B Ramalinga Raju, at the centre of the country’s biggest corporate fraud inquiry, prompted the government to appoint four of its nominees to the company’s board in March.
Data showed that Sicom, which held a 5.27 per cent stake in Maytas according to a June filing, sold 2.8 million shares at prices ranging between Rs 98.15 to Rs 101.87 on Indian stock exchanges. The buyers were not immediately known.
Content Guide
