FirstCry CEO sells shares worth ₹300 crore ahead of IPO: Report

FirstCry Co-founder and CEO Supam Maheshwari sold 6.2 million shares in the company for more than ₹300 crore days before filing for the IPO, Moneycontrol reported citing FirstCry's DRHP. Maheshwari also listed himself as a selling shareholder in the public issue, the report said. He reportedly sold a total of 9.34 million FirstCry shares six months before the IPO filing.