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3i Infotech incorporates step-down subsidiary

20 Jun 2019 Evaluate

3i Infotech has incorporated step-down subsidiary in the Federal Republic of Nigeria for ease of carrying on business. This new subsidiary is a private company limited by shares called ‘3i Infotech Nigeria’ and is a direct wholly-owned subsidiary of 3i Infotech Holdings, the wholly-owned subsidiary of the Company based in Mauritius.

3i Infotech Nigeria has been incorporated on June 19, 2019 by the Corporate Affairs Commission of Nigeria.

3I Infotech is a global Information Technology company providing software products, IT services and Business Process Outsourcing for a variety of industry verticals including Insurance, Banking, Capital Markets, Mutual Funds & Asset Management etc.

Peers
Company Name CMP
TCS 2189.90
Infosys 1025.00
HCL Technologies 1213.10
Wipro 163.80
Tech Mahindra 1523.45
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