Onward Technologies Ltd.

BSE: 517536 | NSE: ONWARDTEC
Small Cap | IT - Software
319.30
7.80 (2.50%)
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Onward Technologies acquires NV Pune Technology Park

Date: 03-12-2021

Onward Technologies has entered into Share Purchase Agreement (SPA) with NV Pune Technology Park and has acquired 100% of the equity and preference shares. Accordingly, NV Pune has become the wholly owned subsidiary of Onward Technologies with effect from December 01, 2021. The purpose of the acquisition is to build dedicated delivery centre for offshore business catering to Europe and US clients.

Onward Technologies is an ISO 9001-2000 certified company serving customers in the areas of Engineering Design Services, IT Services and IT driven Banking Products & Financial Services.