L&T hikes shareholding in Mindtree to 28.45 per cent

New Delhi: Infrastructure major Larsen and Toubro (L&T) on Friday acquired over 24.9 lakh shares of Mindtree from open market, taking its shareholding in the IT services firm to 28.45 per cent, according to a regulatory filing. “Larsen and Toubro Ltd has acquired 24,99,619 equity shares (with a face value of Rs 10 each) of Mindtree Ltd on May 24, 2019,” a BSE filing by Mindtree said. After the latest transaction, L&T’s shareholding in Mindtree stands at 28.45 per cent. The latest stock purchase was made at Rs 980 apiece. pti