Mindtree board evaluating ‘several options’ to stave off L&T bid, says Executive Chairman Krishnakumar Natarajan

MindtreeNSE 0.44 % board is evaluating “several options” to find way out of the L&T’s hostile bid, the IT firm’s Executive Chairman Krishnakumar Natarajan said Thursday as he made it clear the diversified group is yet to come up with any proposal to address the concerns.

Asserting that “independence” of Mindtree is important, Natarajan, one of the company’s promoters who had opposed L&T offer, said there is nothing about individuals.

“As a company we don’t bother about what has gone in the past. We will be optimistic and practical, and hopefully we will arrive at a middle ground. Right now there is nothing on offer,” Natarajan told PTI in an interview.