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India's Infosys shares fall 3 percent as founders said to sell shares
December 8, 2014 / 3:57 AM / in 3 years

India's Infosys shares fall 3 percent as founders said to sell shares

MUMBAI (Reuters) - Shares in India’s Infosys Ltd (INFY.NS) fell 3 percent in pre-open trading on Monday following reports that some of its founders were selling shares in the software services exporter worth $1.1 billion.

    Four of the founders of Infosys are offering 32.6 million shares in Infosys at a fixed price of 1,988 rupees each, a 4 percent discount to Friday’s close, IFR, a Thomson Reuters publication said.

    Reporting by Indulal PM; Editing by Rafael Nam

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