MUMBAI: Promoters sold shares of KPR Mill worth Rs 1,231 crore through bulk deals on BSE Wednesday. The promoters — KPD Sigamani, K P Ramasamy and P Nataraj—sold a total of 1.08 crore shares at about Rs 1,140 apiece. ICICI Prudential Life Insurance Company was among the buyers in the deal. As of March 31, KPD Sigamani, K P Ramasamy and P Nataraj held 20.34% stakes each in the company. Shares of KPR Mill fell 2.8% to close at `1,195 on BSE on Wednesday.
