 "Mindtree")
Mid-tier information technology (IT) services firm Mindtree on Wednesday crossed the $250-million revenue milestone in the December quarter, while the management dismissed rumours of any stake sale plans by the founders.
There have been rumours about an impending stake sale by Cafe Coffee Day owner and Mindtree's single largest investor V G Siddhartha, who holds close to 21 per cent stake in the company through various entities. He is learnt to be evaluating options to offload his stake to private equity (PE) investors.
Even the founders of the firm are said to have been approached by few PE
There have been rumours about an impending stake sale by Cafe Coffee Day owner and Mindtree's single largest investor V G Siddhartha, who holds close to 21 per cent stake in the company through various entities. He is learnt to be evaluating options to offload his stake to private equity (PE) investors.
Even the founders of the firm are said to have been approached by few PE
