Tata Sons offloads TCS shares worth over Rs 9,300 crore
The block deal initiated by Tata Sons was aimed to offload up to 2.34 crore shares of TCS at a floor price of Rs 4,001 per share. This floor price represented a 3.65 per cent discount from Monday's closing price of Rs 4,144.75 apiece.
Tata Sons has sold 234 lakh shares amounting to 0.65 per cent stake in TCS on March 19. Image | Reuters