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Bagchi exits Mindtree; L&T CEO Subrahmanyan joins board
short by Shruti Maria Mahendar / on Thursday, 20 June, 2019
Mindtree on Thursday appointed five new directors including L&T CEO and Managing Director SN Subrahmanyan and two more representatives of the engineering conglomerate to its board. Mindtree Co-founder Subroto Bagchi, who retires on July 16, has not offered to be re-appointed. L&T's open offer to buy 31% Mindtree shares commenced on June 17 and will end on June 28.
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