Krishnakumar Natarajan, household promote 4.66 lakh Mindtree shares

NEW DELHI: Mindtree co-founder Krishnakumar Natarajan and his household have bought over 4.66 lakh shares of the corporate, decreasing their mixed shareholding to 2.01 per cent.
The transactions have been carried out by Krishnakumar N, spouse Akila Krishnakumar and son Siddarth in a number of tranches between September 15-23, Mindtree stated in a regulatory submitting on Saturday.
This diminished their mixed shareholding from 2.29 per cent to 2.01 per cent, it added.
Earlier this month, one other regulatory submitting had acknowledged that Natarajan and his household had bought over 42 lakh shares of the corporate in a number of tranches between April 30 and September 14 that had diminished their mixed shareholding to 2.29 per cent.
Krishnakumar Natarajan, who held 1.96 per cent share, bought about 2.85 lakh shares, the submitting stated on Saturday.
Put up the transaction, his shareholding diminished to about 1.79 per cent. Akila bought about 1.32 lakh shares between September 15-21, bringing down her holding from 0.19 per cent to 0.11 per cent.
Siddarth Krishna Kumar bought 49,405 shares and purchased 1,000 shares, bringing his newest shareholding to 0.10 per cent.
The shares have been bought and bought within the open market, the submitting stated.
Larsen and Toubro, which acquired majority share in Mindtree final yr, had 61.08 per cent shareholding on the finish of June 2020 quarter.

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