MoneyWorks4Me

LGS Global gets nod to merge Ybrant Digital with itself

02 Aug 2011 Evaluate

LGS Global has received an approval for the merger proposal of Ybrant Digital (Ybrant) with itself. The company has received the board’s approval at its meeting held on August 01, 2011. Further, with reference to share exchange ratio the board decided to issue six equity shares of LGS of Rs 10 each fully paid up for every one equity share of Ybrant of Rs 10 each fully paid up.

LGS Global is a global IT Services provider focusing on strategic initiatives of customers, and delivering customized business solutions that help address their needs.

Ybrant Digital offers Digital Marketing solutions to businesses, agencies, and online publishers worldwide.

Peers
Company Name CMP
TCS 2071.70
Infosys 1003.00
HCL Technologies 1253.70
Wipro 161.70
Tech Mahindra 1543.30
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