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LTIMindtree LimitedOthers, 02-04-2025: Disclosure under SEBI Takeover Regulations

02-04-2025 · 06:26 pm

Larsen & Toubro Limited has announced a board meeting to discuss the declaration regarding shares of LTIMindtree Limited, affirming that they have not created any encumbrance on the 20,31,69,279 equity shares, representing a 68.57% stake. This move underscores L&T's commitment to maintaining a strong equity position in LTIMindtree, which could be viewed positively by investors as it reflects stability and confidence in the subsidiary's financial health. Overall, this announcement signals a potential positive outlook for LTIMindtree amidst ongoing strategic operations.

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