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Deutsche Securities buys 4.03 percent in Northgate Tech

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MUMBAI | Mon Aug 25, 2008 12:58pm IST

MUMBAI Aug 25 (Reuters) - Northgate Technologies Ltd (NOTC.BO) on Monday said Deutsche Securities Mauritius Ltd has acquired a further 4.03 percent stake in the company, to raise its holding to 7.34 percent.

Shares were purchased from the open market on August 21, via a block deal of 1.40 million shares on BSE.

Shares in Northgate Tech were trading at 288 rupees, down 0.93 percent in the Mumbai market.

(Reporting by Manoj Dharra; editing by Sunil Nair)

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