Tata Sons executive chairman N Chandrasekaran has purchased 1 lakh shares of Tata Communications from the secondary market, according to a regulatory filing.
“We have received an intimation from N Chandrasekaran, executive chairman, Tata Sons Private Limited regarding his purchase of 1,00,000 equity shares of Tata Communications Limited at an average price of Rs 249.15, excluding brokerage and STT, per share as on March 16, 2020,” Tata Communications said in a BSE filing.
Shares of Tata Communications closed at Rs 226 a unit, down by 7.92 percent compared to the previous close, at BSE on Wednesday.