MindTree has received its board’s approval for its buyback proposal. The company is planning to buy back a maximum of 43.20 lakh shares (2.57 per cent of the total paid-up equity capital) at a price not exceeding Rs 625 a share. The buyback offer size is RS 270 crore, which is 9.83 per cent of the total paid-up equity capital and free reserves of the company as of March 31, 2017. The buyback will be done on proportionate basis through the tender offer route.
Mindtree delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition.
| Company Name | CMP |
|---|---|
| TCS | 2402.20 |
| Infosys | 1154.45 |
| HCL Tech. | 1202.80 |
| Wipro | 199.55 |
| Tech Mahindra | 1363.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: