Sonata Software gains as its arm inks definitive agreements to acquire controlling stake in Rezopia Inc.

Sonata Software Ltd. | IT - Software | IT & ITES | BSE: 532221 | NSE: SONATSOFTW

25 Aug 2014 Evaluate

Sonata Software is currently trading at Rs. 98.50, up by 0.60 points or 0.61% from its previous closing of Rs. 97.90 on the BSE.

The scrip opened at Rs. 99.10 and has touched a high and low of Rs. 99.10 and Rs. 97.95 respectively. So far 1,175 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 101.00 on 22-Aug-2014 and a 52 week low of Rs. 23.40 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 101.00 and Rs. 85.50 respectively. The current market cap of the company is Rs. 1029.51 crore.

The promoters holding in the company stood at 32.79% while Institutions and Non-Institutions held 5.23% and 61.97% respectively.

Sonata Software’s wholly owned subsidiary company - Sonata Software North America Inc., has signed definitive agreements to acquire a controlling stake in Rezopia Inc., a California, USA headquartered company which runs a cloud based end-to-end reservations, contracts, operations and distributions management platform for travel providers.

Besides, in a separate transaction, Sonata Software has purchased the business of Xyka India, a Bangalore based company and the sole service provider to Rezopia Inc., under a business transfer agreement.

Sonata Software, headquartered in Bangalore, India, is an IT consulting and software services company delivering transformational IT solutions through customer specific Centres of Excellence. Sonata serves Software Product Companies and enterprises in the Travel, Manufacturing, Retail and Distribution verticals across the globe.

Sonata Software Share Price

297.30 26.25 (9.68%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2394.85
Infosys	1179.20
HCL Tech.	1198.60
Wipro	197.95
Tech Mahindra	1463.05
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