Tejas Networks hikes stake in Saankhya Labs

Explore Business Standard

With the said balance acquisition of equity shares, the Company has acquired the entire 62,51,496 equity shares (as agreed in the Share Purchase Agreement with Saankhya dated March 30, 2022) at a price of Rs. 454.19 per equity share amounting to consideration of Rs. 283.94 crore, working out to 64.40% of the equity share capital of Saankhya, on a fully diluted basis.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Aug 19 2022 | 7:04 PM IST