NIFTY 50

Mindtree takeover battle: Proxy war through minority investors, Sebi urged to probe Nalanda Capital’s conduct

Updated : June 11, 2019 01:02 PM IST

Minority shareholders of L&T have asked whether Nalanda Capital is acting in concert with the Mindtree promoters.
Mindtree has proposed an astronomical dividend pay-out of Rs 24/share this year, much higher than their dividend payout in past many years.

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