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DRC Systems India gets nod to acquire 100% stake in DRC Systems USA

29 May 2023 Evaluate

DRC Systems has received an approval to acquire 100% stake in a newly incorporated Company i.e. DRC Systems USA LLC (DRC Systems USA), a Company formed and registered in Delaware, USA. Post-acquisition, DRC Systems USA would become a wholly owned subsidiary of the company. The Board at its meeting held on May 29, 2023 has considered and approved the same.

DRC Systems USA would engage in the business of custom software and mobile application development in USA. The company is seeing business opportunity through this presence to expand its business in the United States of America.

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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