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8K Miles gains as its arm enters into asset purchase agreement with Mindprint

Securekloud Technologies Ltd. | IT - Software | IT & ITES | BSE: 512161 | NSE: SECURKLOUD

09 Mar 2015 Evaluate

8K Miles Software Services is currently trading at Rs. 749.00, up by 29.00 points or 4.03% from its previous closing of Rs. 720.00 on the BSE.

The scrip opened at Rs. 724.50 and has touched a high and low of Rs. 755.00 and Rs. 724.50 respectively. So far 6,965 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 923.00 on 08-Jan-2015 and a 52 week low of Rs. 99.00 on 01-Apr-2014.

Last one week high and low of the scrip stood at Rs. 765.00 and Rs. 677.75 respectively. The current market cap of the company is Rs. 755.00 crore.

The promoters holding in the company stood at 66.28% while Institutions and Non-Institutions held 3.02% and 30.70% respectively.

8K Miles Software Services - US Subsidiary - 8K Miles Software Services Inc. has entered into an asset purchase agreement with Mindprint Inc. (Mindprint), a clinical research software startup focused on analytics and operational software for Clinical Research Organizations (CROs) and Pharmaceutical Sponsors.

This asset purchase agreement includes acquisitions of intellectual property, client contracts and employees. The total consideration in cash and stock, for the acquisition is $400,000 ($150,000 in cash and $250,000 worth of US subsidiary stock). The transaction is expected to close before March 31, 2015, subject to customary closing conditions.

8K Miles Software Services is a global Cloud & Security solutions company. It provides digital technology solutions – SMAC (Social, Mobile, Analytics and Cloud) for seamless connectivity between consumers, SMBs, enterprises etc.

Securekloud Tech. Share Price

25.12 0.08 (0.32%)

17-Apr-2026 16:59 View Price Chart

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8K Miles gains as its arm enters into asset purchase agreement with Mindprint

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