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Sanjay Reddy Transfers Rs 57 Cr Worth Shares in GVK Power
08 Sep 2015, 07:52 PM IST i

New Delhi: GVK Power & Infrastructure's promoter G V Sanjay Reddy has transferred shares worth over Rs 57 crore to another promoter group entity Vertex Projects LLP.
Reddy, who is also the company's Vice Chairman, has transferred eight crore shares, amounting to 5.06 per cent stake.
These shares have been transferred at a price of Rs 7.15 apiece, valuing the transaction at over Rs 57 crore.
In a filing to the BSE, the company...
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