HCL Technologies' three promoters today transferred more than 1.24 crore shares worth over Rs 1,000 crore to another promoter entity. Individually, Shiv Nadar Foundation sold 52 lakh shares, followed by Kiran Nadar Museum of Art 40.5 lakh and HCL Corporation 31.75 lakh. At the end of the March quarter, Vama held 40.89 per cent stake in the IT firm. HCL Corporation, Shiv Nadar Foundation and Kiran Nadar Museum of Art held 0.87 per cent, 0.36 per cent and 0.28 per cent stake, respectively, in HCL Technologies as of the March quarter. Shares of HCL Technologies ended the day on BSE at Rs 849.45, down 0.20 per cent from the previous close.

Source: dna May 16, 2017 15:49 UTC