Mid-sized IT firm Mindtree Ltd. said that its Executive Chairman and promoter N. Krishnakumar sold three lakh shares of the company in open market on March 13.
Further, Ms. Akila Krishnakumar, Person Acting on Concert belonging to Promoter Group, has sold 100,000 shares in the company on March 14.
Prior to the sale, both of them along with person acting on concert had a 5.26% stake. Post the sale, their holding has come down to 5.02%.
Mindtree shares ended up over 5% at ₹ 843.30 on BSE on Thursday.