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Indiamart Intermesh to acquire stake in Legistify Services

25 Jan 2022 Evaluate

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.

Indiamart Intermesh Share Price

2065.35 -26.30 (-1.26%)
11-May-2026 16:59 View Price Chart
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