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Mindtree-L&T saga: Oversight, price correction behind Nalanda's U-turn

Mindtree founders couldn't convince institutional investors to stay on in their last meeting

Topics
Mindtree L&t  |  Mindtree  |  Nalanda Capital

Debasis Mohapatra & Jash Kriplani  |  Bengaluru/Mumbai 



Company should follow A M Naik’s footsteps to thwart L&T’s takeover bid 	Photo: Saggere Radhakrishna
Some market experts say after the open offer, the Mindtree share price is likely to see a correction in the near term

There was a meeting in Mumbai last week between the founders and the key institutional investors in the Bengaluru-headquartered IT services firm.

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First Published: Wed, June 26 2019. 01:59 IST

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