The four Mindtree founders who remain with the firm have not tendered their shares in L&T’s open offer that closed on Friday. The founders — Subroto Bagchi, N S Parthasarathy, Krishnakumar Natarajan, and Rostow Ravanan — together own 13% in the Bengaluru-based mid-tier IT firm.
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Mindtree founders don’t tender shares to L&T
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