Softsol India is planning to purchase entire common stock (100% holding) of Softsol Technologies Inc, (STI) Fremont, California, USA by the Wholly Owned Subsidiary Company Softsol Resources Inc, USA (SRI) at a price not exceeding $200000 from its free reserves.
This proposal can be accomplished in several months and be effective April 1, 2020. Through the combination of two entities efforts, both the companies will be able to enjoy economies of scale and a more prominent market position when competing for large service and project opportunities. Also, merging of two entities via strategic transaction in future will result in the optimal revenue, profit and value growth opportunities.
Softsol India specializes in Enterprise Technology Modernization solutions.
Company Name | CMP |
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TCS | 3827.45 |
Infosys | 1411.60 |
HCL Tech. | 1450.00 |
Wipro | 452.85 |
Tech Mahindra | 1193.75 |
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