HDFC Mutual Fund, which had 5.07 per cent stake earlier, brought down its shareholding in the company to 3.06 per cent, P&G said in a filing to the BSE.
The shares were offloaded on July 6, 2015 and based on the closing stock price of Rs 6,580.75, the transaction is estimated to have been valued at Rs 429.27 crore.
Procter & Gamble shares today closed 1.59 per cent up at Rs 6,685.40 apiece on the BSE.
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