IDFC Mutual Fund slashes stake in PTC India to 3 pc

IDFC Mutual Fund has reduced its stake in PTC India Ltd from over 5 per cent to 3 per cent.

IDFC Mutual Fund through its scheme IDFC Infrastructure Fund has sold equity shares of PTC India Ltd, it said.

"Pursuant to the same, the holding of IDFC Mutual Fund in the company has decreased from 5.01 per cent to 3 per cent of the paid up capital of the company," it said in a regulatory filing.

The shares were sold in an open market route on September 23, it said.