
LTS Investment Fund Limited, a foreign portfolio investor in NDTV, sold over 5.46 lakh of its shares in the company network in a bulk deal on Wednesday. LTS, which held 9.75 percent of NDTV shares, sold the shares for Rs 358.53 each.
In all, the investor sold 0.84 percent of its stake in NDTV, bringing its holding in the company down to 8.9 percent.