Mindtree Buyback 2019 Record Date, Buyback Price & Details

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Mindtree Limited is a multinational IT and Outsourcing Company. Mindtree has their headquarter in Bengaluru, India and New Jersey, USA. The company was founded in 1999 and they have around 19900 employees working with company. They deals in e-commerce, mobile applications, cloud computing, digital transformation, data analytics, enterprise application integration and enterprise resource planning and more services. They have over 300 active clients, with 43 offices in 17 countries and annual revenues of $846 million as on July 2018. L&T to takeover Mindtree and that is one of the reason Mindtree is going to buyback shares to meet the stake sale with L&T. They indents to do open market purchases as the Mindtree board to meet on 26 March to consider buyback.

Note: Mindtree board Postponed Buyback Offer ahead of L&T Takeover

Mindtree Buy Back 2019 Offer Details:

 Buyback Record Date:
  –
 Board Meeting Approval:  26-Mar-2019
 Public Announcement:  26-Mar-2019
 Buyback Offer:  Rs. Crore
 Buyback Offer Size:  %
 Number of Shares:
  –
 Share Face Value:
  Rs.10
 Buyback Price:  Rs.
 Buyback Type:  –

Mindtree buyback of – equity shares which is around % of all the existing number of equity shares at a price of Rs. per equity share. The buyback offer not exceeding of Rs. crore of total buyback offer size.

Mindtree Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Mindtree shares in their Demat account as record date 2019. Investors can participate in the Mindtree Buyback 2019 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the Mindtree buyback scheme.

Checkout Current Mindtree Shares market price on NSE and BSE: Mindtree Live Quote

Note: If anything you want to know about the buyback offer you can refer the Mindtree buyback offer documents.

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OPEN DEMAT ACCOUNT