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Smartlink Holdings makes additional investment in Synegra EMS

21 Mar 2022 Evaluate

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.

Smartlink Holdings Share Price

141.45 18.00 (14.58%)
17-Apr-2026 16:59 View Price Chart
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