Hostile Takeovers : When the takeover requires the Acquirer to oppose or fight off the Target Company. However, in a country like India, where most companies are closely held by its promoters, hostile takeovers was a rare concept. But in 2019, India witnessed its first hostile takeover in the IT sector, when the multinational conglomerate company, Larsen & Toubro took over the multinational information technology company, Mindtree against the wishes of Mindtree's promoters. In the later parts of this article, the author will be doing a deep dive into the case of India's first hostile takeover in the IT sector and will be brushing up on the concept of takeovers a little further alongside. HOSTILE TAKEOVER – A DEEPER DIVE As previously discussed, a takeover becomes hostile when the target company is unwilling to be acquired. In this case, the acquirer is forced to takeover the target company against the target company's promoters' and management's wishes.