Profit

Delisting price of Rs 520 expensive: Phaneesh Murthy

PUBLISHED ON: April 10, 2012 | Duration: 1 min, 39 sec

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US-based iGate will offer Rs 520 per share to shareholders of Patni Computer Systems to get its Indian arm delisted from stock exchanges. Commenting on the development, Phaneesh Murthy, CEO, iGATE Patni told NDTV Profit that the delisting price of Rs 520 is quite expensive than anticipated and planned for.
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