 "Aditya Puri sells 7.42 million shares worth Rs 842.9 crore in HDFC Bank")
HDFC Bank chief executive and managing director Aditya Puri has sold more than 7.4 million shares of the private lender to raise Rs 842.87 crore, according to regulatory filings.
The share sale, which was executed between July 21 and 23, brought down Puri's holding in the most valued Indian lender to just 0.01 per cent from the earlier 0.14 per cent.
The sale comes months ahead of Puri's retirement from the bank, which he led to become the largest by assets among private lenders and the second-largest overall over 25 years.
He sold 7.42 million of the 7.79 million shares in the bank
