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Former Tata Technologies CEO Sells Shares Worth ₹165 Crore
Patrick McGoldrick, a former leader of Tata Technologies, sold some of his shares in the company.
He sold 21 lakh shares for about ₹165 crore.
The sale happened through large trades on the BSE.
His ownership dropped from 1.13% to 0.62%.
Four investment firms bought the shares in equal amounts.
McGoldrick led Tata Technologies for many years and retired as its CEO and managing director in 2014.
The company recently reported higher profit and revenue for its March quarter.
Tata Technologies is an engineering and digital services company connected to Tata Motors.
Patrick Raymon McGoldrick sold 21 lakh Tata Technologies shares for nearly ₹165 crore through four BSE block deals.
The shares were sold at an average price of ₹785 each, representing a 0.51% stake.
McGoldrick’s holding fell to 0.62% from 1.13% after the transaction.
ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund, 360 One Asset Management, and Carnelian Asset Management & Advisors bought the shares equally.
Tata Technologies reported March-quarter net profit of ₹204.17 crore and revenue of ₹1,572.22 crore, according to the article.
- Who
- Former Tata Technologies CEO and Managing Director Patrick Raymon McGoldrick sold the shares; four investment firms bought them.
- What
- McGoldrick sold 21 lakh shares, or 0.51% of Tata Technologies, for ₹164.85 crore.
- Where
- The shares were sold through block deals on the BSE involving Tata Technologies, a Pune-based company.
- When
- The transaction took place on Friday; the article was published on September 5, 2026.
- Why
- The articles do not state why McGoldrick sold the shares.
Key facts
- Shares sold
- 21 lakh shares
- Transaction value
- ₹164.85 crore
- Average sale price
- ₹785 per share
- Stake sold
- 0.51%
- McGoldrick’s remaining stake
- 0.62%, down from 1.13%
- March-quarter net profit
- ₹204.17 crore, compared with ₹188.87 crore a year earlier
- March-quarter revenue
- ₹1,572.22 crore, compared with ₹1,285.65 crore a year earlier
Sources
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