L&T CEO tries dinner diplomacy to convince Mindtree founder

L&T’s top executives said they will engage with their peers at Mindtree and drive home the point that there will only be a change in the shareholding structure

In a bid to assuage concerns over L&T’s bid to take over Mindtree, SN Subrahmanyan, MD and CEO of the engineering conglomerate, has invited Krishnakumar Natarajan, the IT service firm’s co-founder and Executive Chairman, to dinner.

“I called Mr Krishnakumar and invited him for lunch and dinner. I don’t have a tussle with anyone,” Subrahmanyan told BusinessLine. “He is an iconic gentlemen. I have the greatest respect for people who start a business and develop it because I’ve not been able to do that…it’s (Mindtree) a lovely company.”