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L&T Infotech announces merger with Mindtree
short by Hiral Goyal / on Friday, 6 May, 2022
Larsen & Toubro Infotech (L&T Infotech) on Friday announced that its board has approved a scheme of amalgamation and arrangement with Mindtree. Under the scheme, L&T Infotech will issue 73 shares for every 100 shares of Mindtree. After the completion of the merger, Larsen & Toubro Limited will hold a 68.73% stake in 'LTIMindtree', the combined entity.
read more at Moneycontrol