 "Mindtree")
Engineering major Larsen & Toubro (L&T) on Friday announced an open offer to purchase 51.3 million shares or an additional 31 per cent stake in Mindtree at Rs 980 apiece. At the current offer price, L&T has to shell out around Rs 5,029.8 crore to buy the stake.
In an exchange filing, the company said the open offer will start on June 17 and will end on June 28. “L&T makes a cash offer of Rs 980 per fully paid up equity share of the face value of Rs 10 each, to acquire up to 51.3 million equity shares representing 31
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