Kotak Mahindra picks up 3.7% stake in Tecpro Systems

Kotak Mahindra International picked up 3.7 percent stake in  Tecpro Systems via a block deal on the Bombay Stock Exchange.

Kotak purchased 18,60,000 shares at Rs 13.95 apiece and the deal was worth Rs 2.6 crore.

However, Kitara PIIN 1101 was the seller in this block deal, which offloaded its entire shareholding. Out of total

holding, Kitara had bought more than 8 lakh shares in April 2012.

Tecpro Systems' stock closed at Rs 14.05, up 0.36 percent on the BSE.

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