• SENSEX
    NIFTY 50
Information Technology

Mindtree founders looking to shore up their control to prevent hostile takeover: report

Updated : January 25, 2019 08:48 AM IST

The founders have started an outreach exercise with private equity investors, family offices, institutional and HNI (high net worth individual) shareholders in the company to counter to efforts by L&T Infotech to acquire Siddhartha's stake, the report said.
Siddhartha, the Coffee Day founder, is looking to sell his entire 21 percent stake in Mindtree.
Mindtree founders looking to shore up their control to prevent hostile takeover: report

You May Also Like

Live TV

recommended for you

Advertisement