Blue Star Infotech has successfully completed the sale of its Information Technology Business to Infogain India. The company has also completed the sale of its entire investment in its overseas subsidiaries, namely Blue Star Infotech America Inc., Blue Star Infotech (UK) and Blue Star Infotech (Singapore) to Infogain Corporation, USA (Infogain).
These transactions are in terms of the Business Transfer Agreement and Share Purchase Agreements entered into by the company on September 29, 2015 and approved by the shareholders of the company on November 18, 2015. Effective January 1, 2016, Infogain is the owner of the Information Technology business (including subsidiaries) of the company.
Blue Star Infotech, a digital transformation consulting and services company, combines the best of engineering, creativity and technology to deliver the next generation of software solutions to its global customers and enable them to be future?ready.
| Company Name | CMP |
|---|---|
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| Infosys | 1116.45 |
| HCL Tech. | 1109.20 |
| Wipro | 180.10 |
| Tech Mahindra | 1429.40 |
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