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Danlaw Technologies gets nod to sell 100% stake in overseas wholly owned subsidiary

07 Mar 2022 Evaluate

Danlaw Technologies India has received an approval for sale of the 100% shares held by the company in the Danlaw Technologies lnc (DTl), an overseas wholly owned subsidiary because DTI has not been consistently running its business operations and investment has become idle. The Board of Directors of the Company at its meeting held on March 7, 2022, inter alia, has considered and approved the same.

Danlaw is a leading global supplier of technology and services to the automotive and aerospace industries.

Peers
Company Name CMP
TCS 2101.00
Infosys 1050.15
HCL Technologies 1238.00
Wipro 166.00
Tech Mahindra 1530.70
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