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 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 1,661.80 apiece on the BSE, down 0.64 per cent from the previous close.