The promoters of software training and education services provider NIIT Technologies have sold 4.354 million shares in the company for ₹1.2 billion (US$22 million), or ₹267 a share. The shares, sold by individual promoters Rajendra Pawar and Vijay Thadani through block deals on the Bombay Stock Exchange, represent about 7.3% of NIIT’s total shares. NIIT’s promoter group continues to hold a 31% interest in the company.
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