Life Insurance Corporation on Monday mentioned its holding in L&T Technology Services Ltd., a subsidiary of L&T Ltd., crossed previous 5%.

The shares had been acquired in peculiar course of transaction by means of open market, LIC mentioned in a regulatory submitting.

The holding in firm has crossed 5% on April 21, 2023.

The acquisition of shares had been completed through the interval from Oct. 20, 2021 to April 21, 2023 at a mean value of Rs 4,140.67 per share, it mentioned.

L&T Technology Services is an engineering providers supplier, provides engineering, analysis and improvement and digitalisation answer to corporations within the areas similar to transportation, industrial merchandise, telecom and medical gadgets.