MoneyWorks4Me

Info-Drive Software gets nod to raise additional capital up to Rs 100 crore

01 Mar 2014 Evaluate

Info-Drive Software has received an approval to raise an additional capital not exceeding Rs 100 crore by way of QIP/ Warrants/FCCB/ FCEB/Private Placements/ ADR/GDR. The board of directors at its meeting held on February 28, 2014 has approved for the same. The board also approved to increase the authorized share capital of the company from Rs 70 crore to Rs 100 crore.

Info-Drive Software, is a multi-dimensional Technology and Business Services Company offering -Specialized expertise in Applications Deployment and Banking Solutions, Remote Infrastructure Management, Biometric Solutions at enterprise level and Back-office transaction processing in Healthcare and Benefit Administration domains.

Peers
Company Name CMP
TCS 2079.30
Infosys 1035.00
HCL Technologies 1246.00
Wipro 159.50
Tech Mahindra 1539.00
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