Verifacts Services has become a subsidiary company of Modern India. This is pursuant to the company entering into a Share Purchase Agreement (SPA) with the promoter shareholders of Verifacts Services. Modern India has agreed to acquire 380,000 equity shares aggregating to 76% of the Paid Up share capital for a consideration of Rs 28 crore.
Verifacts Services, headquartered in Bangalore, is a human resources consulting company providing background/ antecedents verification services. Verifacts Services with 7 other branches and several associates across the Globe provide services to a large number of multinationals and national companies worldwide.
Modern India is having diverse interests ranging from real estate, textiles, gems and jewellery to education. It has become a financially secure conglomerate, having its offices in 4 cities spread over 3 countries.
| Company Name | CMP |
|---|---|
| Redington | 224.15 |
| Adani Enterprises | 2185.00 |
| Amrapali Industries | 18.75 |
| Rashi Peripheral | 437.55 |
| PDS | 297.65 |
| View more.. | |
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