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Total 8 results found. Search for [ committee of independent directors (IDC) ]

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May 13, 2019
The engineering behemoth missed its May 7 deadline to issue its letter of offer to Mindtree shareholders, reportedly due to late queries posed by the markets regulator to which it could only respond on May 10. The open offer is still awaiting SEBI's green light.

Chitranjan Kumar
New Delhi, May 12, 2019
L&T has made a public announcement for the acquisition of 31 per cent shares of Mindtree from the market, with Axis Capital and Citi Global managing the open offer

April 17, 2019
The Bengaluru-based company's revenue also increased by 25.6% to Rs 1,839.4 crore in the said quarter, as compared to Rs 1,464 crore in the year-ago period

March 27, 2019
Snapping two-day gaining streak, shares of Mindtree tumbled 4 per cent on Wednesday following the board's decision to not proceed with the proposed buyback of equity shares. The share of Mindtree Ltd. tumbled down to a low of Rs 911, a 39.55 points or 4 per cent slide against the previous close on Bombay Stock Exchange. The stock fell  2 per cent to the day's low at Rs.931.00 on NSE.

Rukmini Rao
March 26, 2019
While all the independent directors of the company will be members of the committee, the panel will be headed by the lead independent director Apurva Purohit.

March 26, 2019

New Delhi, March 26, 2019
L&T offered to buy 5.13 crore fully paid-up equity shares of Rs 10 each from Mindtree at Rs 980 apiece. Last week, L&T bought 20.40 per cent stake in Mindtree from Cafe Coffee Day founder VG Siddhartha for about Rs 3,300 crore

New Delhi, January 13, 2016
The Board of Directors of Alstom India had on November 9 last year constituted a committee of independent directors (IDC) to provide recommendations on the open offer by GE Energy Europe BV.