Larsen & Toubro Ltd.

Larsen and Toubro (L&T) has proposed to sell up to 30 lakh shares of L&T Technology Services, representing 2.89 per cent of its total paid up equity share capital. The floor price of the offer has been fixed at be Rs 1,610 per share.

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