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Tech Mahindra gets nod to amalgamate Sofgen India with itself

25 Jun 2018 Evaluate

National Company Law Tribunal (NCLT), Mumbai Bench has sanctioned the Scheme of Amalgamation of Sofgen India into Tech Mahindra and their respective Shareholders.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.

Peers
Company Name CMP
TCS 2369.00
Infosys 1116.85
HCL Technologies 1373.45
Wipro 174.05
Tech Mahindra 1626.75
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