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Total 98 results found. Search for [ Mindtree takeover ]

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BusinessToday.In
August 2, 2019
Debashis Chatterjee, appointed as the Mindtree CEO for a period of five years, is the first individual outside the 7-member founding team to hold the office


Rukmini Rao
Mumbai, July 28, 2019
Addressing investors and analysts for the first time after the completion of takeover by L&T and induction of new board members, Subrahmanyan said that the few clients that he met have given them a positive feedback and welcomed the takeover by L&T.


BusinessToday.In
New Delhi, July 17, 2019
Last month, Mindtree board had approved induction of five L&T's nominees as directors into the company's board, including L&T's Chief Executive Officer (CEO) and Managing Director S N Subrahmanyan and its Chief Financial Officer (CFO) Ramamurthi Shankar Raman


Rukmini Rao
July 16, 2019
Shareholders' queries largely focussed on the following: If Mindtree's headquarters will be moved out of Bengaluru? Will there be de-listing of the company or a merger?


Rukmini Rao
July 15, 2019
While Wipro will see an end of an era as Azim Premji will retire as its chairman, Mindtree, recently taken over by L&T, stares at a rather stormy session


PB Jayakumar
New Delhi, July 15, 2019
With over Rs 11,000 crore debt and an impending $172 million FCCB payout next month, Suzlon is negotiating with lenders and potential investors


Rukmini Rao and Goutam Das
New Delhi, July 8, 2019
L&T completes the first successful hostile takeover in Indian IT as Mindtree braces for volatility


BusinessToday.In
New Delhi, July 6, 2019
Executive chairman Krishnakumar Natarajan, executive vice chairman & chief operating officer (COO) N S Parthasarathy, and managing director & chief executive officer Rostow Ravanan submitted their resignations as board members as well as employees of the company


PTI
July 3, 2019



BusinessToday.In
New Delhi, July 3, 2019
According to data available with Bombay Stock Exchange, L&T was holding 9,87,79,179 equity shares in Mindtree as of July 2, 2019


Rukmini Rao
Mumbai, July 3, 2019
After the hostile takeover by L&T, a management change and a board are rejig are likely to happen at Mindtree. A merger between the two companies is eminent too, in mid-term if not in near future.


Reuters
New Delhi, June 25, 2019
The report comes within months of Mindtree rejecting a hostile takeover bid from L&T, saying that the plan was of no value for the firm or its shareholders


Rukmini Rao
June 21, 2019
Even though the promoters of Mindtree once vehemently opposed the takeover by L&T, the appointment of new additional directors from L&T on Mindtree's board has come through a board resolution


BusinessToday.In
June 7, 2019
The open offer, at Rs 980 per equity share, will close on June 28, 2019. The open offer price is Rs 11.55 higher than today's closing price of Rs 970.54 on BSE.


PTI
June 2, 2019



PTI
May 30, 2019



PTI
May 29, 2019



Rukmini Rao
May 28, 2019
L&T has been able to mop up shares from the market, becoming the single largest shareholder in the company with over 26.5 per cent stake in Mindtree


PTI
New Delhi, May 26, 2019
The development assumes significance as L&T has already acquired around 20% stake in the mid-sized IT firm from V G Siddhartha and Cafe Coffee Day and is keen to increase its shareholding up to 66%


PTI
May 26, 2019



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