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Larson & Toubro News
Larson & Toubro
Best of Mindtree yet to come; firm is focussed on capitalising on opportunities: Chairman
Fri, Jun 21, 2019
In March, L&T had said it will buy 20.32 per cent stake in Mindtree from V G Siddhartha and his coffee enterprise for over Rs 3,000 crore - marking India's first-ever hostile takeover bid in the IT space.
L&T acquires 1,168 shares of Mindtree with face value of Rs 10 each
Tue, May 14, 2019
The mode of the acquisition was open market purchases and L&T's holding after the said purchase stood at 25.94 per cent.
L&T buys shares of Mindtree worth Rs 113 cr via open market
Mon, May 06, 2019
Mindtree's promoters had called L&T bid as hostile and raised corporate governance issues at L&T and culture difference between the two companies.
Hostile takeover bid on Mindtree: Facing flak, L&T says deal triggered by largest shareholder VG Siddhartha
Tue, Mar 19, 2019
The promoters of Mindtree led by Krishnakumar Natarajan, Subroto Bagchi, and Parthasarathy NS among others, responded calling the plan as a grave threat and a value- destructive.