One of NDTV’s biggest investors, LTS Investment Fund limited, sold over 3.2 lakh of its shares in the company network in a bulk deal on Friday. The shares were sold for Rs 366.65 each.
Earlier this month, LTS had sold Rs 5.46 lakh of its shares, about 0.84 percent of its total stakes in NDTV, bringing it down to 8.9 percent from 9.75 percent. With the latest deal selling 0.5 percent of the shares, LTS’s total stake in NDTV has fallen to 8.3 percent.
