Infosys shares fall as founders said to sell shares
Shares in Infosys is down by 3.6 per cent
Mumbai: Shares in Infosys Ltd fell on Monday following reports that some of its founders were selling shares in the software services exporter worth $1.1 billion.
Infosys was down 3.6 per cent to 1,996.30 rupees . Four of the founders of Infosys are offering 32.6 million shares in Infosys at a fixed price of 1,988 rupees each, a 4 percent discount to Friday's close, IFR, a Thomson Reuters publication said.
( Source : reuters )
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