Two promoter entities of engineering giant Siemens Ltd today offloaded 1.15 per cent stake collectively in the the company for about Rs 264 crore through open market route. Siemens Ltd's promoters entities Siemens Aktiengesellschaft and Siemens Diagnostics Holding II BV together sold 39.56 lakh shares amounting to 1.15 per cent stake in the India unit,according to bulk deal information available with the stock exchanges. Siemens Aktiengesellschaft,which held 25.30 crore shares or 74.37 per cent stake in Siemens at the end of June quarter,today sold 18.01 lakh shares. The shares were sold at an average price of Rs 670.07 - valuing the deal at Rs 120.72 crore,the BSE data showed. Siemens Diagnostics Holding II BV,which held 21.54 lakh shares amounting to 0.63 per cent stake as of June quarter,offloaded its entire holding in the Indian unit for Rs 143.26 crore,it added. However,the buyers of the shares could not be ascertained. Shares of Siemens fell by 3.24 per cent to close at Rs 676.30 on the BSE. In a separate bulk deal,a Amit Patni today purchased 75,000 shares of Zicom Electronic Security in deal worth over Rs 53 lakh. Patni bought 75,000 shares of Zicom Electronic Security,security system installation company,at Rs 71.25 apiece valuing the deal at Rs 53.44 lakh. Zicom Electronic Security shares jumped nearly 5 per cent to close at Rs 72 apiece on the BSE.
