Deutsche Securities buys 4.03 percent in Northgate Tech

MUMBAI, Aug 25 (Reuters) - Northgate Technologies Ltd (NOTC.BO: Quote, Profile, Research) 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)