ICICI Securities sells 2.26 lakh shares of SQS India BFSI

06 Dec 2014

ICICI Securities has sold 2.26 lakh shares of SQS India BFSI through the open market route. The shares were sold on an average price of Rs 606.31 valuing the transaction to Rs 13.75 crore. On the other hand, SQS Software Quality Systems AG has bought 2.26 lakh shares in the company for an average price of Rs 606.25, through open market route valuing the transaction at Rs 13.71 crore.

SQS India BFSI is primarily engaged in software testing services focusing on banking, financial and insurance services industry. It has developed sub-domain specific competencies centered on popular software products in respective areas. To cater to the distinct needs of its customers, the company has configured its range of services capabilities in the area of testing and business requirements assurance such as functional testing, performance testing, etc.

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