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Smartlink Holdings shines on making additional investment in Synegra EMS

22 Mar 2022 Evaluate

Smartlink Holdings is currently trading at Rs. 121.85, up by 0.85 points or 0.70% from its previous closing of Rs. 121.00 on the BSE.

The scrip opened at Rs. 121.15 and has touched a high and low of Rs. 123.00 and Rs. 119.30 respectively. So far 753 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 253.80 on 04-Jan-2022 and a 52 week low of Rs. 78.10 on 20-Apr-2021.

Last one week high and low of the scrip stood at Rs. 128.50 and Rs. 118.55 respectively. The current market cap of the company is Rs. 122.69 crore.

The promoters holding in the company stood at 69.89% and Non-Institutions held 30.11%.

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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