Indiamart Intermesh has indirectly through its wholly owned subsidiary -- Tradezeal Online (‘Tradezeal’), agreed to acquire 75,000, 0.0001% Compulsorily Convertible Debentures (CCDs) in Legistify Services. This investment shall be in line with the Company’s long-term objective of offering various software as a service (SAAS) based solutions for businesses.
The company, through Tradezeal, its wholly owned subsidiary, intends to invest Rs 7.50 crore by subscribing 75,000, 0.0001% Compulsorily Convertible Debentures at a face value of Rs 1000 each.
Indiamart Intermesh is India’s largest online B2B marketplace for business products and services.
| Company Name | CMP |
|---|---|
| Eternal | 245.90 |
| Meesho | 194.40 |
| Swiggy | 263.70 |
| FSN E-Commerce | 270.15 |
| Brainbees Solutions | 229.85 |
| View more.. | |
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