Patni Computer Systems shares continue to be sold by members of the promoter family.
Amit and Arihant Patni, sons of the company’s founder and non-executive Director, Gajendra K Patni, along with Sadhana Patni, wife of another founder, Ashok Patni, have sold shares accounting for a stake of about 0.3 per cent in the open market for a total value of Rs 17.66 crore.
So far, the total stake sold by the promoter family amounts to 1.4 per cent. Gajendra Patni’s son Amit Patni has sold 116,000 shares, accounting for a 0.09 per cent stake in the company, for Rs 5.36 crore. Arihant Patni also sold an equal number of shares for the same consideration. Ashok Patni’s wife, who is a director in the company, sold 115,000 shares for Rs 6.92 crore.
The company’s stock lost 2.99 per cent at Rs 442.45 on the BSE at close of Thursday’s trade.
