'Grave threat' - Mindtree condemns, opposes L&T's takeover bid
"A hostile takeover by L&T, unprecedented in our industry, could undo all of the progress we've made and immensely set our organisation back," Mindtree's top executives said in the statement.
L&T on Monday bought Cafe Coffee Day owner V.G. Siddartha's 20.4 per cent stake in the IT services company, Photo: PTI