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Larsen & Toubro makes Rs 5,030 crore offer to buy 31% stake in Mindtree

File photo. Photograph:( Reuters )

PTI New Delhi, Delhi, India Mar 18, 2019, 10.18 PM (IST)

Larsen & Toubro Monday made an offer to buy 31 per cent stake in IT Services company Mindtree for Rs 980 per share aggregating to Rs 5,030 crore.

L&T, whose board met during the day to consider acquisition of Mindtree, offered to buy 5.13 crore shares from shareholders.

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L&T, whose board met during the day to consider acquisition of Mindtree, offered to buy 5.13 crore shares from shareholders.