Mindtree co-founder, family sell 466,000 shares; holding down at 2.01%

Mindtree co-founder Krishnakumar Natarajan and his family have sold over 466,000 shares of the company, reducing their combined shareholding to 2.01 per cent.

The transactions were carried out by Krishnakumar N, wife Akila Krishnakumar and son Siddarth in multiple tranches between September 15-23, Mindtree said in a regulatory filing on Saturday.

This reduced their combined shareholding from 2.29 per cent to 2.01 per cent, it added.

Earlier this month, another regulatory filing had stated that Natarajan and his family had sold over 4.2 million shares of the company in multiple tranches between April 30 and September 14 that had reduced their combined shareholding