Smartlink Holdings has made an additional investment on rights basis of Rs 10.5 crore in its Wholly Owned Subsidiary, namely Synegra EMS on March 17, 2022. 1,05,00,000 equity shares of Rs 10 each equalling to 70% of the total paid up capital of Synegra have been allotted to Smartlink Holdings for cash consideration.
The total investment stands increased from Rs 4.5 crore to Rs 15 crore. The percentage of shareholding of Smartlink Holdings to the total paid up share capital of Synegra pre and post-acquisition remains the same i.e., 100%.
Smartlink Holdings earlier known as Smartlink Network Systems, is one of India's leading networking company. It was established in the year 1993 to prop the Indian market in the field of Network Infrastructure.
Company Name | CMP |
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D-Link (India) | 316.85 |
Smartlink Holdings | 196.60 |
Rox Hi-Tech | |
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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