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IndiaMART InterMESH informs about acquisition

22 Feb 2022 Evaluate

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IndiaMART InterMESH has informed that the company (hereinafter referred as ‘Company’) has entered into an agreement to invest 16.53% of the share capital (on fully diluted basis) of Fleetx Technologies (hereinafter referred as ‘Fleetx’). The details of the transaction are attached. Further, the press release and the presentation on the above transaction are enclosed.

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

Peers
Company Name CMP
Eternal 323.00
Swiggy 277.90
Meesho 216.60
FSN E-Comm. Ventur. 343.20
Brainbees Solutions 168.60
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