Excel Infoways has seen Royal Bank of Scotland (RBS) Group picking up stake in the company. RBS NV, London Branch has acquired 9.89 percent shares or around 31 lakh shares in the company through Qualified Institutional Placement (QIP) for an undisclosed amount.
Recently, Excel Infoways had invested fund in Excel Infra N Realty, a group company by way of purchasing equity shares. The investment had been made by purchasing 26,000 equity shares of Rs 10 each of Excel Infra N Realty, aggregating to 52% share capital, thereby making it subsidiary of the company.
Excel Infoways is engaged in designing, developing, testing and implementing computer software including for export purposes. It also provides information systems and data processing services and technical support to its clients to help them build new technology solutions for their business processes.
Company Name | CMP |
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Redington | 203.45 |
Adani Enterprises | 3650.15 |
Amrapali Industries | 14.29 |
Rashi Peripheral | 308.05 |
Compuage Infocom | 3.76 |
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