Recent Highlights
All Stories for Krishnakumar Natarajan
Mindtree shares tumble 14.6% after three founders resign from IT company's board, executive roles
• 6 years agoThe Mindtree founders had vehemently opposed the L&T bid, terming it hostile and as a grave threat and value destructive to shareholders.
Nalanda Capital sells entire 10.61% stake in Mindtree to L&T; paves way for construction major to increase its stake to over 51%
Fp Staff • 6 years agoPulak Prasad led-Nalanda Capital sold its whole stake worth Rs 1,707.46 crore to L&T in an ongoing open offer for shareholders of Mindtree
L&T gets firm control over Mindtree, secures three seats on Board; Subroto Bagchi to step down
• 6 years agoBagchi had resigned as the head of Odisha's Skill Development Authority and made a comeback to Mindtree.
L&T's open offer to Mindtree's shareholders stuck in limbo over Sebi norms; regulator examining conditions for bid
Fp Staff • 6 years agoL&T entered into a deal to buy Cafe Coffee Day owner V G Siddhartha's 20.32% stake in Mindtree and had also placed an order with brokers to pick up another 15% of the company shares from the open market.
Mindtree board evaluating 'several options' to stave off L&T's hostile takeover bid, says Chairman Krishnakumar Natarajan
• 6 years agoAsserting that "independence" of Mindtree is important, Natarajan, one of the company's promoters who had opposed L&T offer, said there is nothing about individuals.
Mindtree board to meet today to discuss share buyback; L&T wants IT firm chairman Krishnakumar Natarajan to continue
Fp Staff • 6 years agoMindtree promoters allege money offered to them to give away firm; say won't yield to L&T's hostile bid silently
Fp Staff • 6 years agoIn the country's first hostile takeover bid in the IT sector, Larsen & Toubro on Monday made an offer to buy up to 66 percent stake in the Mindtree for around Rs 10,800 crore, reported PTI.
L&T makes offer to buy up to 66% stake in Mindtree for Rs 10,800 crore; IT firm to remain independent listed entity
• 6 years agoL&T has entered into a deal to buy Cafe Coffee Day owner V G Siddhartha's 20.32 percent stake in Mindtree and has also placed an order with brokers to pick up another 15 percent
Coffee Day Enterprises founder VG Siddhartha may offer alternative security to release attached Mindtree shares
Fp Staff • 6 years agoThe I-T department has attached a portion of shares held by Siddhartha and Coffee Day Enterprises Ltd in IT firm Mindtree over a potential tax demand.
Coffee Day Enterprises will take 'required action' to get attached Mindtree shares released by I-T dept
• 6 years agoCoffee Day Enterprises promoter V G Siddhartha, who owns about 21% stake in Mindtree, is said to be in advanced discussions with various entities to sell his shares in the IT company.