The ICICI Prudential Life Insurance Corporation has bought a 12.09 per cent stake in Tulip Telecom for Rs 616.88 million. It has bought 3,505,000 shares of Tulip Telecom at Rs 176 per share. Meanwhile, the Lehman Brothers Investment Management Corporation has sold 9.65 per cent stake in Tulip for Rs 492.87 million. UBS Securities Asia has sold 8.62 per cent stake in Tulip Telecom for Rs 440.13 million. Further, Citigroup Global Markets Mauritius has sold 2.76 per cent stake in the company for Rs 140.87 million.
