Skip to main content

MoneyWorks4Me

Cybermate Infotek gets nod for expansion of overseas operations

11 Aug 2017 Evaluate

Cybermate Infotek has received its board’s approval for expansion of overseas operations either through a Subsidiary or through a Joint Venture for carrying on IT & ITES related business in one or more countries. The company’s board also gave approval to raise additional funds by way of QIP/FCCBs/GDRs/ADRs/Other convertible instruments as per SEBI regulations and FEMA guidelines up to $20 million.

Cybermate Infotek is a software solutions and IT services company. The company has been building and deploying end-to-end IT solutions for a wide range of companies globally.

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