Mindtree employees bid adieu to founders
The new management led by L&T, which owns more than 60% stake in the company, will take over beginning August 1.
Mindtree founders will stay on to stabilise company
Founders Natarajan, Parthasarathy and Ravanan have promised to stay on and help with the ...
L&T boss AM Naik appointed as Mindtree non-executive Chairman
The move follows the construction major acquiring over 60 per cent stake in the...
Will protect Mindtree’s unique culture: L&T CEO
A council will be set up to facilitate exchange of best practices between the two cos, says SN Subrahmanyan.
L&T assures Mindtree shareholders of further impetus to long-term growth
This month, L&T became the new promoter of Mindtree after acquiring 60.06 per cent stake.
Race is hotting up for the top chair at Mindtree
Debashis Chatterjee and Rajeev Mehta are the front-runners to become firm’s CEO.
Mindtree promoters skip tendering shares in open offer
The open offer that ended on Friday got a response of 116% or more than the 51.3 million shares that L&T expected.
L&T becomes Mindtree's promoter with 60.06% stake
L&T was holding 9,87,79,179 equity shares in Mindtree as of July 2, 2019.
Best of Mindtree yet to come; to grow faster than industry despite uncertainties: Chairman
The Bengaluru-based company described construction major L&T's unsolicited bid to acquire majority holding in the IT firm as "unusual situation".
L&T confident of taking control of Mindtree: AM Naik
L&T boss AM Naik says once the offer for 31% in Mindtree is complete, his company will gain majority and with IT firm’s ind directors giving a thumbs-up to offer, road seems to be clear
Krishnakumar Natarajan can stay on as Mindtree chairman: AM Naik
Even as Mindtree founders continue to resist deal, L&T chairman says his company is open for talks with the promoters to clarify all their concerns.
L&T should define independence: Chairman Krishnakumar Natarajan
L&T is expected to release detailed public statement tomorrow to explain logic behind its bid.
Mindtree board evaluating 'several options' to stave off L&T bid, says Executive Chairman Krishnakumar Natarajan
Natarajan, one of the company's promoters who had opposed L&T offer, said there is nothing about individuals.
Mindtree panel ropes in Khaitan and Co, ICICI Securities as advisors
Mindtree formed the panel of independent directors under Purohit to look into "unsolicited open offer" by L&T.
Mindtree wants a common minimum programme
Mindtree board has appointed a panel of independent directors, led by Apurva Purohit, to review L&T’s open offer .
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