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.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more