Mindtrees poser to L&T: Why us, why not build your own IT company

Hours after the L&T CEO tried to play down ‘hostile’ tone to his company’s move to acquire Mindtree, the promoters of the technology firm held a press conference, reiterating their stand against the attempt, calling it unprecedented and unexplainable.
“Mindtree will continue to oppose L&T’s takeover attempt,” said Chairman Krishnakumar Natarajan in the press conference. “We don’t see any strategic advantage in this transaction,” he said adding that the “unexplainable” transaction will be harmful for the tech firm and its ability to deliver shareholder value.
“It could undo all the progress we have made.”
In the presser, Mindtree had five posers for L&T: