Patni family sells 0.52% stake worth Rs 33.67 cr

Promoters of software services firm Patni Computer Systems have sold 0.52 per cent stake in the company worth Rs 33.67 crore through open market transactions.

Four promoters of the company have sold 9.25 lakh shares, representing 0.52 per cent stake in the company, worth Rs 33.67 crore, Patni Computer said in a disclosure to the Bombay Stock Exchange (BSE).

Amit Kumar Patni, son of G K Patni, non-executive director, and one of the founders of the company, has sold 1.75 lakh shares, representing 0.13 per cent stake in IT firm worth Rs 8.42 crore.

Arihant Patni, another son of G K Patni, has sold 0.13 per cent, 1.75 lakh shares, for Rs 8.42 crore.

A K Patni has sold 3 lakh shares, representing 0.23 per cent stake worth Rs 14.48 crore and Sadhna Patni 50,000 shares representing 0.03 per cent stake for Rs 2.34 crore.

Shares of Patni Computer Services today closed at Rs 466.15 on the BSE, up 5.24 per cent from its previous close.