finance yahoo com/q/mh?s=PTI
Check this out, Gen Atlantic holds 10,080,933 ADS@11$perADS the %is15.74 for 0,487,025 as on 30-Jun-09.
Does that mean Gen Atlantic is having only 7.87% of Indian stocks ??? the whole Industry is talking of Gen Atl + 2 Patni Brothers stake is 48%. The total stake held by 3 Patni Brothers is 48%. The two Patni Bros stake is 32% + Gen Atlantic is 15.74% ADS of Indians stocks = so it`s arround 49% + they will need another 3% for a 51% stake to get mgt control.
kindly verify pls at ur end of this 2 stock for 1ADS.
please search in google how many PATNI ADR equals indian shares and you will get your answer...also your calculation is backward. One ADR is 2 indian stock (not other way round), so you need to convert the ADR in stocks and then calculate % ownership putting converted ADR owned by Gen Atl as numerator and putting total outstanding shares as denominator
| NIFTY 
