In continuation to its letter dated August 09, 2021 announcing that the Board of Directors of the Company, in their Meeting held on August 09, 2021, had approved the sale of its healthcare services business (‘HS Business’) to wholly owned subsidiaries of Betaine BV (‘Investor’), which is owned by funds affiliated with Baring Private Equity Asia. In this regard, Hinduja Global Solutions has informed that the Board of Directors of the Company at their Meeting held on January 6, 2022 took note of completion of sale of HS Business to Investor. Effective January 6, 2022, the HS Business and relevant subsidiaries stand sold/ transferred to Investor. The transaction was based on an enterprise value of US$ 1,200 million subject to closing adjustments and resulted in inflows of US$ 1088 million. Further, the Board of Directors of the Company at their Meeting held on January 6, 2022 commenced at 5.45 pm and concluded at 7:45 pm, considered and approved various matters, the same are attached.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
Quess Corp | 619.20 |
eClerx Services | 2381.40 |
Info Edge | 6231.60 |
CMS Info Systems | 473.05 |
Affle (India) | 1254.25 |
View more.. |