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DRC Systems India gets nod to divest 5% stake in Nextenders to Vedity

25 Mar 2023 Evaluate

DRC Systems India has received an approval to divest its 5% stake in Nextenders (India) to Vedity Software. Pursuant to the said transaction, Nextenders has ceased to be an Associate of the company. Consideration received from such sale/disposal is not exceeding of Rs 37.60 lakh. The Board at its meeting held on March 24, 2023 has considered and approved the same.

DRC Systems India is a software development organization and deliver state-of-the-art IT business solutions to its clients across the globe. It combines technical expertise and business acumen to deliver great results.

Peers
Company Name CMP
TCS 2130.10
Infosys 1040.00
HCL Technologies 1280.30
Wipro 164.95
Tech Mahindra 1558.00
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