Larsen and Toubro's Managing Director and CEO K Venkataramanan has sold 2,000 shares of the infrastructure major for about Rs 33.48 lakh.
The company in a BSE filing said that Venkataramanan sold 2,000 shares of the company on November 30 for about Rs 33.48 lakh, thereby reducing his stake by a notch to 0.094% or 580,419 shares of Rs 2 each.
Before the share sale, he had 582,419 shares in L&T or 0.095% stake.
L&T shares were trading at Rs 1,662.90 apiece on the BSE, down 0.58% from the previous close.