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Airan gets nod to acquire stake in Quadpro E Services

09 Mar 2021 Evaluate

Airan has received approval for acquisition of 14,53,477 Equity Shares of face value of Rs 10 each of Quadpro E Services (QES) at a price of Rs 24 per share aggregating to Rs 3,48,83,448 which is constituting 70.45% of QES and thereby making it a Subsidiary Company.

Airan is engaged in business of Information Technology (IT) and Information Technology enabled services including Banking transaction processing services and Document management services for telecommunication companies, internet services provider, payment banks etc.

Peers
Company Name CMP
TCS 2216.50
Infosys 1031.55
HCL Technologies 1196.80
Wipro 166.15
Tech Mahindra 1518.60
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