 "merger")
Shares of Larsen & Toubro Infotech (LTI) and Mindtree were down up to 5 per cent on the BSE in Monday’s intra-day trade after the two companies announced a merger on Friday in an all-stock amalgamation of Mindtree with LTI. Shareholders of Mindtree will receive 73 shares of LTI in exchange for 100 shares in the former.
Among the individual stocks, Mindtree slipped 5 per cent to Rs 3,206.90, while LTI was down 2 per cent to Rs 4,486.35 on the BSE in trade today. At 01:43 pm; Mindtree was down 3.5 per cent and LTI by 1 per
Among the individual stocks, Mindtree slipped 5 per cent to Rs 3,206.90, while LTI was down 2 per cent to Rs 4,486.35 on the BSE in trade today. At 01:43 pm; Mindtree was down 3.5 per cent and LTI by 1 per
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