Business Standard: Venture Tech Solutions (VTS) has recently sold nearly 300,000 shares of Nasdaq-listed Sify Ltd to Fiserv Securities Ltd. Post-selloff, VTS holds 7.8 per cent stake in Sify. VTS has also sold around 4.8 lakh shares to Venture Tech Assets (VTA), representing 1.4 per cent stake in Sify.
Sify made a filing with the Securities and Exchange Commission (SEC) in the US to this effect. Analysts said the move sets the ball rolling for VTS and VTA to exit Sify.
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