Redington India’s overseas arm - Redington International Mauritius (RIML), has completed acquisition of balance 216,965 shares constituting 14.50% of its subsidiary Redington International Holdings (RIHL) from Investcorp. With the purchase of shares, RIML holding in RIHL has been increased to 95.46% from 80.96%.
Redington (India) engages in the business of vendor-authorized end-to-end supply chain management of information technology (IT) hardware and software products. The company distributes a range of IT products, such as networking, storage, and enterprise products, as well as servers and software solutions.
