Just Dial has received approval for acquisition of 100% equity shares of MyJD at face value, thereby resulting in the entity becoming a wholly-owned subsidiary of the Company. The Company intends to offer a wide array of internet enabled services to users and businesses in India and abroad via this subsidiary in future.
The transaction is expected to be completed on or before March 31, 2020. The Board of Directors of the Company at its meeting held on January 20, 2020 has approved the same.
Just Dial is one of the leading local search engines in India. It provides users search services with information and user reviews from its database of local businesses, products and services across India.
