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Auto parts maker Sundaram-Clayton Ltd said it has sold 8.56 lakh shares held by it in TVS Training and Services Ltd (TVSTS), an associate company. As a result, its shareholding in TVSTS has reduced from 30.53 per cent to 21.07 per cent.
The total sum received by the company from the above transaction was ₹1.24 crore and the buyer was Malini Srinivasan, the company said in a communique to stock exchanges.
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