MoneyWorks4Me

Cambridge Technology Enterprises gets nod to further invest in CTE Web Apps

08 Mar 2023 Evaluate

Cambridge Technology Enterprises has received approval to further invest by way of contribution in equity share capital or grant loan or any other permissible manner, from time to time, to an extent of Rs 5 crore in CTE Web Apps, a Wholly Owned Subsidiary Company of the Company, in one or more tranches. The Board of Directors in its meeting held on March 07, 2023 has approved the same.

Cambridge Technology Enterprises (CTEL) is a global technology services and outsourcing company dedicated to serving the midsize market of enterprises and the midsize units of Global 2000 enterprises across the spectrum of business industries.

Peers
Company Name CMP
TCS 2503.15
Infosys 1153.95
HCL Technologies 1412.90
Wipro 189.70
Tech Mahindra 1796.70
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