MindTree Dives 11 Percent After L&T Takeover
Shares of MindTree plunged nearly 11 percent in morning trade on Monday after the company’s founders Krishnakumar Natarajan, Parthasarathy NS, and Rostow Ravanan resigned from...
Tag : Hostile bid
L&T Takeover Offer ‘Fair & Reasonable’ Says Mindtree Maverick Directors
Independent Mindtree’s directors have said that engineering conglomerate Larsen & Toubro’s offer of Rs 980 for the IT company’s shares ‘appears to be fair and...
L&T Makes Open Offer To Buy 5.13 Crore Shares Of Mindtree
On Friday, Larsen and Toubro Ltd. announced an open offer for 5.13 crore shares or 31 percent stake of mid-tier information technology company Mindtree Ltd....
L&T Bought Another Rs 316 Cr Mindtree Shares Raising Stakes To 28%
According to regulatory data, Larsen and Toubro (L&T) have raised its stake in IT firm Mindtree by about 2 percent between May 20-24 by picking...
L&T Holds 26.93% In Mindtree With Its Buying Of 4.5 Lakh Shares
On Thursday, Infrastructure major Larsen and Toubro (L&T) took over 4.5 lakh shares of Mindtree from the open market, diving its shareholding in the IT...
MindTree Panel Binds In Khaitan, ICICI Securities As Counsellors
MindTree formed the committee to give its suggestion on the open offer for the consideration of shareholders. Lead independent director Apurva Purohit, who is also...