Business Update17 Jul 2024, 10:21 pm
LTIMindtree Ltd to Establish a USD 1 Mn Wholly Owned Subsidiary in Brazil
AI Summary
LTIMindtree Ltd, a subsidiary of Larsen & Toubro Limited, announced its plan to set up a wholly owned subsidiary in Brazil with an initial investment of USD 1 Mn. The decision was made at the company's board meeting held on July 17, 2024. The board also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2024.
Key Highlights
- LTIMindtree Ltd to establish a wholly owned subsidiary in Brazil with an initial investment of USD 1 Mn
- The decision was made at the company's board meeting held on July 17, 2024
- The board also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2024