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  1. #1
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    Dec 2009


    Default Templeton MF cuts stake in India Cements

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    Franklin Templeton Mutual Fund's stake in India Cement has come down to 3 per cent, according to a BSE filing. In the filing, India Cements said following the sale of 8.85 lakh shares, through its various schemes, Franklin Templeton Mutual Fund now holds 92.16 lakh shares or 3 per cent stake in the company. The sale of shares took place through open market transactions. The fund house owned 101.01 lakh shares in India Cements prior to the transactions held in the National Stock Exchange and the BSE on June 6.
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