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Aditya Puri sells 7.42 million shares in HDFC Bank for Rs 843 cr

Puri will hang up his boots this October as he will reach the maximum age limit of 70 for a chief executive officer of a private bank. Puri has been at the helm of HDFC Bank for the past 26 years, since its inception in 1994. Private sector lender HDFC Bank’s managing director (MD) Aditya Puri has sold 95 per cent of his shareholding in the bank valued at Rs 842.7 crore. Puri held 0.14 per cent stake (or about 7.8 million shares in the bank), of which he has sold 7.42 million shares ...
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