FID Fund Mauritius has reportedly acquired 2.9 lakh shares or 0.71% stake in Mindtree for an average price of Rs 1,074.99, through open market route valuing the transaction at Rs 31.72 crore.
MindTree offers IT services across the consumer goods value chain, spanning product development and manufacturing intelligence systems, supply chain execution and optimization solutions and customer and consumer management solutions. Meanwhile, the company has recently launched Gladius, a video management software targeted at city surveillance, enterprise sectors, industrial and retail industries.
