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L&T offers to buy 31% shares of Mindtree

IANS  |  Bengaluru 

Infrastructure behemoth Larson & (L&T) Ltd on Tuesday offered to buy over 5.13 crore shares or 31 per cent of IT Mindtree's equity stake for 5,030 crore at 980 per of 10 face value.

"L&T has made an open offer to buy 5,13,25,371 equity shares of Rs 10 face value, representing 31 per cent of the voting capital from shareholders of with an intention to take control of the target company," said the city-based in a regulatory filing on the BSE.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 26 2019. 17:14 IST
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