IT major LTIMindtree slumps 4% after two senior executives step down

Shares of LTIMindtree slumped 4.5 per cent in Tuesday’s intraday trade at Rs 4,660 after two senior managerial resigned from the organisation. The stock of the company has slumped 9 per cent in the last one month, while it slipped 25 per cent year to date. The stock prices, however, grew 8 per cent in the last one year.

The IT major, on Monday informed the exchanges that Pankaj Chugh, executive vice president, global sales and Gregory Dietrich, executive vice president, global sales, resigned from the services of the company with effect from April 15, 2024.