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Brightcom Group informs about update on the proposed acquisition

19 Jul 2021 Evaluate

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, Brightcom Group has informed the exchanges that the EY India has started the financial due diligence on the target company with whom the Brightcom Group signed a Letter of Intent (LOI) on July 07, 2021. The company has also appointed Tempest Legal Associates to perform legal due diligence and help negotiate a definitive agreement with the legal counsel of the sellers.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2461.00
Infosys 1130.00
HCL Technologies 1377.00
Wipro 182.00
Tech Mahindra 1778.00
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