L&T acquires crucial 26% stake in Mindtree as marquee investors exit

- With the latest purchase, L&T has managed to buy 6% in Mindtree from the open market and a 20% stake jointly held in Mindtree by Café Coffee Day founder VG Siddhartha and two CCD affiliate firms
- L&T will also purchase an additional 15% from the open market and 31% in the open offer, beginning Tuesday