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Ramco Systems to acquire 18.93% stake in Smartmegh Solutions

25 Jan 2016 Evaluate

Ramco Systems, the global Aviation software provider on cloud, mobile & tablets, has entered in to a share subscription cum shareholder’s agreement on January 23, 2016 to subscribe for 18.93% shareholding in Smartmegh Solutions. The company will purchase 2,335 equity shares of Rs 10 each of Smartmegh Solutions at a premium of Rs 6,414 each.

Ramco Systems is a leading software company focused on consulting, product and managed services business. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments.



Peers
Company Name CMP
TCS 2493.00
Infosys 1166.10
HCL Technologies 1432.00
Wipro 198.25
Tech Mahindra 1821.05
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