Larsen & Toubro MD offloads 2,000 shares for Rs 33.48 lakh

BT Online Bureau   Mumbai     Last Updated: December 10, 2012  | 00:00 IST

Larsen and Toubro's (L&T) Managing Director and CEO K Venkataramanan has sold 2,000 shares of the infrastructure major.

The company in a filing to the Bombay Stock Exchange said Venkataramanan sold 2,000 shares of the company on November 30 for about Rs 33.48 lakh, thereby reducing his stake by a notch to 0.094 per cent, or 5,80,419 shares, of Rs 2 each.

Before the share sale, he had 5,82,419 shares in L&T or 0.095 per cent stake.

L&T shares were trading at Rs 1,661 apiece on BSE, down 0.69 per cent from the previous close.

With inputs from PTI

  • Print

A    A   A