According to bulk deal data available with the NSE, ICICI Bank (Investment) sold 90.89 lakh shares of 3i Infotech.
The shares were sold at an average price of Rs 3.95 apiece, valuing the transaction at Rs 3.59 crore.
Meanwhile, in another transaction, JMP Securities has sold 33.67 lakh shares in 3i Infotech for Rs 3.83 apiece, valuing the transaction at Rs 1.28 crore.
ICICI Bank has been a major investor in the company.
Shares of 3i Infotech plunged 20 per cent to settle at Rs 3.80 -- its lower price band.
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