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LIC's shareholding in L&T Technology Services Ltd crossed 5% on April 21

Life Insurance Corporation (LIC) on Monday said its holding in L&T Technology Services Ltd (LTTS), a subsidiary of L&T, crossed past 5 per cent

Life Insurance Corporation

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Press Trust of India New Delhi

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Life Insurance Corporation (LIC) on Monday said its holding in L&T Technology Services Ltd (LTTS), a subsidiary of L&T, crossed past 5 per cent.

The shares were acquired in ordinary course of transaction through open market, LIC said in a regulatory filing.

The holding in company has crossed 5 per cent on April 21, 2023.

The acquisition of shares were done during the period from October 20, 2021 to April 21, 2023 at an average cost of Rs 4,140.67 per shares, it said.

LTTS is an engineering services provider, offers engineering, research and development and digitalisation solution to companies in the areas such as transportation, industrial products, telecom and medical devices.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 24 2023 | 9:13 PM IST

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