Krishnakumar sells Mindtree shares

PTI New Delhi | Updated on September 16, 2020 Published on September 16, 2020

Mindtree co-founder Krishnakumar Natarajan and his family have sold over 42 lakh shares of the company, reducing their combined shareholding to 2.29 per cent. The transactions were carried out by Krishnakumar, wife Akila Krishnakumar and sons Siddarth and Abhirath between April 30 and September 14, according to a regulatory filing . Krishnakumar, who held 3.68 per cent at the end of the June quarter, sold about 28.47 lakh shares and acquired 15,000 shares. His shareholding now stands at 1.96 per cent. Shares were sold and purchased in the open market.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on September 16, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.