Expleo Solutions has informed that the Meeting of Board of Directors of the company was held on Friday, March 25, 2022. The Board of Directors of the Company has considered and approved the definitive agreements to be entered with Lucid Technologies and Solutions and its subsidiary Lucid Technologies and Solutions LLC (‘Lucid’) towards purchase of their specific assets Intellectual Property (‘IP’) and Technical Knowhow in India and Customer Contracts in US. The definitive agreements will be executed with effective date as April 01, 2022. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed that the meeting of the Board of Directors of the Company commenced at 3.30 pm and concluded at 4:30 pm.
The above information is a part of company’s filings submitted to BSE.
