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8K Miles Software strengthens as its arm enters into stock purchase agreement with NexAge

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

18 Sep 2015 Evaluate

8K Miles Software Services is currently trading at Rs. 1413.00, up by 22.00 points or 1.58% from its previous closing of Rs. 1391.00 on the BSE

The scrip opened at Rs. 1418.75 and has touched a high and low of Rs. 1444.75 and Rs. 1400.00 respectively. So far 3663 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1444.75 on 16-Sep-2015 and a 52 week low of Rs. 324.00 on 17-Sep-2014.

Last one week high and low of the scrip stood at Rs. 1444.75 and Rs. 1354.00 respectively. The current market cap of the company is Rs. 1525.66 crore.

The promoters holding in the company stood at 61.96% while Institutions and Non-Institutions held 2.92% and 35.12% respectively.

8K Miles Software Services’ US subsidiary - 8K Miles Software Services, Inc., has entered into a stock purchase agreement with NexAge Technologies USA, Inc. (NexAge), one of the principal regulatory compliance and technology solutions company in the US. The agreement includes acquisition of NexAge’s Intellectual Property (IP), technical solutions, client contracts, and employees. The total consideration for the deal is $3 million in combination of cash and stock and includes the existing NexAge’s debt of $800,000.

NexAge has more than 15 years of experience in Computer Systems Validation, Quality Review, Vendor Audits, Data Analysis and Migration, Analytics, Change Management, as well as Governance for the Life Science and Pharmaceutical industry.

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

Peers

Company Name	CMP
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8K Miles Software strengthens as its arm enters into stock purchase agreement with NexAge

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