National Company Law Tribunal

Larsen & Toubro Infotech, Mindtree Announced Their Merge

Larsen & Toubro Infotech, Mindtree Announced Their Merge

On Monday, two IT companies, Larsen & Toubro Infotech (LTI) and Mindtree, announced their merger, which will come into effect following the regulators and shareholders. The merger company is known as LTIMindtree and is now the fifth-largest IT company in India in terms of current market capitalisation. After the merger, 73 shares of LTI will…