Why an employee welfare trust sold Indiabulls Financial shares worth $125M

By Pooja Sarkar

  • 13 Feb 2013
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An employee welfare trust of Indiabulls Financial Services Ltd, formed three years ago to administer the employee stock option (ESOP) scheme of the firm, sold last week its entire 7.9 per cent holding in the company through bulk deals worth Rs 680 crore ($125 million).Although this follows a change in ......

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