Sundram Fasteners Investments buys 24.53% in TVS Infotech

Written By Unknown on Jumat, 20 Juni 2014 | 18.00

Sundram Fasteners Investments, a wholly owned subsidiary of Sundram Fasteners has acquired 24.53 percent of equity share capital of TVS Infotech consequent to the allotment of right shares to Sundram Fasteners Investments. With this acquisition, Sundram Fasteners Investments ahs 62.27 percent equity stake in TVS Infotech.

Sundram Fasteners Ltd has informed BSE regarding "Acquisition of Equity Shares in TVS Infotech Limited". Sundram Fasteners Investments, a wholly owned subsidiary of Sundram Fasteners has acquired 24.53 percent of equity share capital of TVS Infotech consequent to the allotment of right shares to Sundram Fasteners Investments. With this acquisition, Sundram Fasteners Investments ahs 62.27 percent equity stake in TVS Infotech.Source : BSE

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