Information technology company Mindtree's Co-founder Subroto Bagchi has announced he has resigned as the head of Odisha Skill Development Authority "to be able to go, save the company." "Mindtree has not been designed as an 'asset' to be bought & sold," added Bagchi. L&T is likely to buy 20.4% stake in Mindtree and make an open offer for another 31%.