V.G. Siddhartha’s exit puts Mindtree promoters in sell or stay dilemma

The promoters of Mindtree Ltd are now faced with something of a Hobson’s choice as the company’s largest investor nears a decision to sell his stake. They can either accept buyout offers from one of three suitors—private equity giant KKR and Co., Baring Private Equity Asia Ltd and a foreign software services provider— and cede control or decide against selling and see their net worth potentially erode.