Airan has successfully executed the Share Purchase agreement (SPA) 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.