Mindtree has received its shareholders approval to raise upto $1 billion. The company’s shareholders have also authorized the company’s board to sell, lease or mortgage movable as well as immovable properties.
These proposals were approved by the shareholders through a postal ballot, according to a regulatory filing made by the company. The company has also got the nod from shareholders to increase its authorised share capital.
Mindtree is a global information technology consulting firm specializing in corporate IT services and solutions. It provides services such as Application Maintenance Services, Business Intelligence, Mainframe and System I, Infrastructure Management and Technical Support, etc.