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L&T hikes stake in Mindtree to 28.87%

Larsen and Toubro (L&T) has acquired about 98,000 shares of Mindtree from open market on May 29. After the acquisition, the company’s stake in Mindtree has increased to 28.87 per cent.

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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