Larsen & Toubro Infotech Limited / Mindtree Limited

All-stock merger of equals between Larsen & Toubro Infotech and Mindtree. Exchange ratio fixed at 73 LTI shares for every 100 Mindtree shares. Cost and revenue synergies were cited qualitatively at announcement without a disclosed target. Accord models zero initial synergy with standard standalone drivers. Rs 300 cr one-time merger integration cost is modeled. Funding is 100% equity: equity_funded equals offer (Rs 3350) x seeded Mindtree shares (16.48 cr) = Rs 55208 cr, with cash and debt legs at zero. With no debt funding, pro forma interest is nil and interest coverage is undefined; the engine reports coverage unresolved rather than a number. Mindtree is loaded with LIBRARY_ONLY status per 00 §5 (C-1) from its pre-announcement financial history. Market data: priced at 2022-05-05, the last trading day before the announcement, from the exchange's own published close for that date. The offer premium is therefore measured against the undisturbed price rather than against a later close. Company financials are dataset-generator seed figures whose archival PDFs are placeholder stubs pending primary-source verification per 15 §5.1. The disclosed facts above transcribe the transaction's public terms; the document-level verification trail (archived copies with SHA-256) is pending.