Mindtree promoters condemn, unconditionally oppose L&T's 'hostile takeover' bid
Updated : March 19, 2019 10:13 AM IST
"The attempted hostile takeover bid of Mindtree by Larsen & Toubro is a grave threat to the unique organization we have collectively built over 20 years," the promoters said in a statement after the deal between L&T and VG Siddhartha was announced.
Bagchi, who also resigned from his government post — head of Odisha's Skill Development Authority, in a tweet said: "It is a tough day for sure, but not a dark day in the history of Indian entrepreneurship."
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