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Allied Digital Services planning to form wholly owned overseas subsidiary company

17 Apr 2018 Evaluate

Allied Digital Services is planning to form wholly owned overseas subsidiary company. The meeting of the Board of Directors of the company will be held on April 19, 2018, to consider and approve the same.

The company is also planning one-time settlement with respect to outstanding dues of State Bank of India by assignment of said dues to Kotak Mahindra Bank.

Allied Digital Services (ADSL) is a leading IT infrastructure management and technical support services outsourcing company.

Peers
Company Name CMP
TCS 2075.90
Infosys 1011.00
HCL Technologies 1246.90
Wipro 163.75
Tech Mahindra 1548.10
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