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After L&T acquired over 60% stake in MindTree; the top management, CEO Ravanan quits

R Sinduja

News Editor
Image Credit: shortpedia

L&T acquired Mindtree and within days the entire top management of the IT services company including the CEO Rostov Ravanan have quit. The company sent a notice to BSE that executive chairman, executive vice-chairman, COO and CEO & MD along with employees, Board of Directors have submitted their resignations. All the top management members will continue till July 17, 2019. The company will soon announce a new leader.