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Abans Enterprises gets nod to acquire Zicuro Technologies

14 Nov 2019 Evaluate

Abans Enterprises has received approval for acquisition of Zicuro Technologies at an aggregate consideration of around Rs 6.03 lakh. The Board of Directors of the Company at its meeting held on November 13, 2019 has approved the same.

The aforesaid investment in technology space would help in technological advancement of the Company and the company expects Zicuro will act as the driving force of the technology required to scale its business to new heights and value creation from this investment. The acquisition shall be completed before March 31, 2020.

ABans Enterprises, formerly known as Matru-Smriti Traders, engaged in the business of trading, processing, broking and consulting in all kind of commodities, agricultural products, base metals, precious metals and stones and trading in commodities, shares and derivatives of all kind in electronic exchanges.

ABans Enterprises Share Price

27.12 4.52 (20.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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