 "Mindtree's special dividend may cost firm Rs 320 cr ahead of L&T takeover")
Ahead of a potential takeover of the company by L&T, Mindtree's board Wednesday proposed to pay a special dividend to its shareholders, including promoters, that along with regualr dividend and tax components would strip the mid-sized IT firm of about Rs 530 crore.
The company has declared an interim dividend of Rs 3 per share that will be paid before May 10 and also pay Rs 4 a share in final dividend, besides Rs 20 in special dividend -- a proposal subject to shareholders' nod at the firm's annual general meeting (AGM) in June or July.
"Given the company has about 16
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