L&T MD offloaded 2,000 company shares for Rs 33.48 lakh

L&T MD offloaded 2,000 company shares for Rs 33.48 lakh Mumbai: Larsen and Toubro's Managing Director and CEO K Venkataramanan has sold 2,000 shares of the infrastructure major for about Rs 33.48 lakh.

The company in a BSE filing said that 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 percent 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 percent stake.

L&T shares were trading at Rs 1,662.90 apiece on the BSE, down 0.58 percent from the previous close.

PTI