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Shares of L&T Technology Services will remain in focus, as its promoter Larsen & Toubro plans to sell stake in the company to maintain the minimum public shareholding.
L&T will sell up to 2 per cent (or 2.049 crore shares) of the total paid-up equity share capital of L&T Technology. The selling, which will be through the open market, will start on March 5 and end within eight months or the actual date of completion of sale of shares. Investors will watch the development.
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