‘Other promoters should have an alternate plan’

Did you at any point in time believe that Mindtree could face a hostile takeover?

Everybody knew this was going to happen. VG Siddhartha has been an angel investor for nine years and an investor for 20 years. So, sooner or later he had to exit. The founders have around 13 per cent stake. The founders have been making an effort to retain control and if I were in their place, I would do the same. But what has happened over the weekend is that the development seems to have picked pace.

You have said that you too would have tried to retain control of the company just as the others. But with 13 per cent, how long can the resistance last?

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