-11.20 (-1.13%) Aurionpro Solutions has received approval for the transaction for the sale of its entire stake in its USA based subsidiary, resulting in the exit from the cyber security business globally. Necessary approval from the shareholders shall also be sought for this purpose.
Necessary agreements for this purpose have been signed on May 06, 2021 and the transaction will be concluded immediately after completion of the documentation.
Aurionpro Solutions is a publicly traded technology company providing software products and expert level consulting services to an extensive global customer base. The company provides valuable operational and technical experience in helping banks provide new and innovative products to their customers.