Sumedha Fiscal Services has entered into an investment agreement on February 20, 2024 to acquire 382 equity shares of Rs 10 each at premium of Rs 19,617 each aggregating to Rs 74,97,514 by subscribing to the private placement offer of Icapo Tech (ICPL).
As a part of investment activity, the Company aims to invest to earn good returns and financially assist ICPL in building hardware technology products. The acquisition will be completed on or before March 31, 2024. ICPL is engaged in business to build hardware technology products using extensive research on customer end and product development and create finished tech products from protypes which can be used in market by real customers.
Sumedha Fiscal Services is a front ranking financial services Company incorporated in the year 1989.
