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L&T hikes stake in Mindtree to 26.93%

Larsen and Toubro (L&T) has acquired over 4.5 lakh shares of Mindtree from the open market on May 23, 2019. After the acquisition, the stake in the company has increased to 26.93%.

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

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