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MoneyWorks4Me

L&T to sell 3.88% stake in L&T Technology Services

04 Jun 2019 Evaluate

Larsen & Toubro (L&T) is all set to sell up to 40.34 lakh equity shares representing 3.88% of the total paid up equity share capital of L&T Technology Services of face value of Rs 2 each on June 04, 2019 (for non-Retail Investors only) and on June 06, 2019 for Retail Investors and for Non-Retail Investors who choose to carry forward their un-allocated bids.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Peers
Company Name CMP
Larsen & Toubro 3939.60
Kalpataru Projects 1319.55
NCC 117.90
Rail Vikas Nigam 186.55
KEC International 311.05
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