Private Equity

Kkr May Pick Up Ccd Founder Vg Siddhartha's Stake In Mindtree - Ibtimes India

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Siddhartha is the largest investor controlling 26% of shares in information technology major Mindtree. : CCD founder VG Siddhartha may offload his stake in information technology major Mindtree, a news report says. As the largest investor in Mindtree, Sidhartha controls about 26 per cent shares through companies including Coffee Day Enterprises and Coffee Day Trading. Private equity firm KKR has evinced interest in picking up a major stake in Mindtree, the report says quoting sources in the company. Siddhartha had stepped down as an independent director in March, triggering speculation that he might cash out on his investments.

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