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MINDTREE BUYBACK
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- Not a lost battle yet: With peace offer, a Mindtree co-founder hopes to turn the tideKrishnakumar Natarajan said Mindtree was open to reaching a 'middle ground' with L&T by way of a talk.
- Mindtree board decides against share buyback, forms panel to study L&T’s offerL&T on Tuesday made an open offer to acquire a 31 per cent stake in Mindtree for Rs 5,030 crore.
- Why us, why don't you build your own IT firm: Mindtree's poser to L&TMindtree promoters have termed L&T's hostile bid as unprecedented and unexplainable.
- It may be end of the road for Mindtree promoters: Experts say no option leftThe Mindtree management has so far maintained that it would keep opposing ‘hostile’ takeover bid.
- Mindtree set to reconvene board meeting on March 26L&T will share details of its open offer to IT firm’s shareholders on the same day.
- Mindtree set to reconvene board meeting on Mar 26L&T will share details of its open offer to IT firm’s shareholders on the same day.
- Consider L&T Offer, Mindtree board tells promoter groupSome directors advise founders of IT giant Mindtree to negotiate a higher price; buyback decision deferred.
- No buyback with an open offer in place, say expertsThe Mindtree board will meet because the company has already notified the exchanges.
- No buyback with an open offer in place, say expertsL&T has appointed Axis Capital and Citigroup Global Markets as managers for the open offer through which it aims to acquire 31% shares in M...
- Some Mindtree promoters want to exit: AM Naik, L&TMindtree promoters only have Rs 1,000 crore cash. With that, they will get 3.5-4%, says Naik.
- Wait for Mindtree-L&T battle to play out, advise expertsThere is hardly any upside left for Mindtree, said A K Prabhakar, IDBI Capital.
- Explained: The fight for Mindtree that threatens to snowball into a warThe founders’ bloc has been pursuing a deal with Baring PE to see that shares change hands to a friendly investor.
- Mindtree founders plan buyback wall to block L&TThe move comes amidst reports that L&T Infotech is in final stages of launching a takeover attempt.
- Mindtree fixes July 11 as record date for share buybackMindtree will buy back up to 43.2 lakh shares, comprising 2.5% of the total paid up equity share capital.
- Mindtree Board approves Rs 270 crore buyback planThe move comes at a time when Indian IT firms are opening up their coffers to return surplus cash on their books to shareholders.
- Mindtree to consider buyback of sharesWith this, Mindtree joins the list of companies like TCS, Infosys, HCL, amongst others that have or are considering buyback to boost shareh...
- After TCS, Mindtree considers buyback of sharesMindtree had previously mentioned that it was looking to boost shareholder value through means other than dividends. “But buybacks has its ...
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