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Promoters shed more stake in PE-backed Redington

By TEAM VCC

  • 06 Jul 2017
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Promoters shed more stake in PE-backed Redington
Credit: Thinkstock

Singapore-based NRI family-led Kewalram Chanrai Group has sold over half of its remaining stake in Chennai-based IT products distributor Redington (India) Ltd.Harrow Investment Holding (formerly known as Redington Mauritius Ltd), which held 8.2% stake in Redington as of 31 March 2017, sold close to 5% on Thursday for Rs 250 ......

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