Smartlink Network Systems has made investments in its Wholly Owned Subsidiaries on November 15, 2016. The company has invested Rs 30 crore as subscription amount paid towards Non-Convertible Debentures (unlisted) and Rs 5 crore paid as subscription amount towards equity shares of Digisol Systems. The company has also invested Rs 3.50 crore as subscription amount towards equity shares of Synegra EMS.
Further, Digisol Systems will be paying Smartlink Network Systems Rs 19 crore as lumpsum consideration towards Slump Sale, while Synegra EMS will be paying Smartlink Network Systems Rs 3.30 crore as lumpsum consideration towards Slump Sale.
Smartlink Network Systems is engaged in the business of designing, manufacturing and marketing of advanced networking, broadband, digital, voice and data communications solutions. Company caters the global networking and connectivity needs of digital home consumers, small office professionals, small- to medium-sized businesses, and enterprise environments.
Company Name | CMP |
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D-Link (India) | 416.95 |
Smartlink Holdings | 298.95 |
Rox Hi-Tech | |
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