Tata Mutual Fund decreased its stake in Sonata Software Limited from 2.08% to 1.87% by selling 578,085 shares. The shares are valued at ₹306.75 apiece.
A provider of Information Technology services and solutions, the company delivers software development, consulting, and digital transformation offerings to enterprises across the United States, Europe, the Middle East, Australia, and India. Sonata Software specializes in helping organizations modernize their technology infrastructure, optimize business operations, and achieve competitive advantage through customized IT solutions, strategic consulting expertise, and end-to-end technology implementation services.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.
