When V.G. Siddhartha agreed to sell the 20.32% stake owned by him and his two affiliates in Mindtree Ltd to Larsen and Toubro Ltd (L&T) at ₹980 a share, the founder of Cafe Coffee Day earned only ₹16.7 crore more than the second-highest price of ₹975 a share offered by a global private equity (PE) firm.
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