Date:04/10/2008 URL: http://www.thehindubusinessline.com/2008/10/04/stories/2008100451450300.htm

Back Goldman Sachs pares exposure in ICSA

Hyderabad, Oct. 3

Goldman Sachs Investments (Mauritius) has brought down its holding in the Hyderabad-based ICSA (India) Ltd from 5.97 per cent to 2.07 per cent through sale in the open market. According to an intimation to BSE, the Goldman Sachs arm had gradually hiked its stake to 5.97 per cent during February 2008 to September 2008. However, the company sold about 17,54,354 shares recently and this was intimated to the exchanges. This works out to about four per cent of ICSA equity. R 12;

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