MoneyWorks4Me

Intellect Design Arena divests its arm for Rs 20.50 crore

14 Jun 2019 Evaluate

Intellect Design Arena’s subsidiary -- SFL Properties has been divested to a third party for a sale consideration of Rs 20.50 crore at arm length basis.

Intellect Design Arena is a digital technology product solutions provider to the Banking and Insurance industry, across Global Consumer Banking (iGCB), Central Banking, Global Transaction Banking (iGTB), Risk, Treasury & Markets (iRTM) and Insurance (Intellect SEEC).

Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
View more..