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cnbctv18.com
L&T Infotech, Mindtree merger announced. Details here - CNBC TV18
Upon the scheme becoming effective, all shareholders of Mindtree will be issued shares of LTI at the ratio of 73 shares of LTI for every 100 shares of Mindtree. The new shares of LTI so issued will be traded on the NSE and BSE. Larsen & Toubro Ltd will hold 68.73 percent of LTI after the merger.
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