Mindtree board to consider share buyback to avert hostile bid by L&T Infotech
This development comes at a time when there is a speculation in the market that L&T is in advanced talk to buy out a 20.4 per cent stake held by Cafe Coffee Day's founder V.G. Siddhartha- the largest shareholder in Mindtree.
New Delhi Last Updated: March 16, 2019 | 17:58 IST
Mindtree has said that its board will meet on March 20 to consider the proposal to buyback the fully paid-up equity shares of the company.