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CE Info Systems completes acquisition of 11.11% stake in Indrones Solutions

10 Feb 2023 Evaluate

CE Info Systems has completed the acquisition of 11.11% stake in Indrones Solutions. The company has acquired 1477 Compulsory Convertible Preference Shares (CCPS) at face value of Rs 10. Total cost of acquisition is Rs 2.99 crore.

C.E. Info Systems is India’s leading advanced digital maps and deep?tech company, popularly known in India as MapmyIndia and globally as Mappls.

Peers
Company Name CMP
TCS 2302.00
Infosys 1088.90
HCL Technologies 1329.00
Wipro 171.00
Tech Mahindra 1576.00
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