Infinite Computer Solutions zooms 20% on voluntary delisting plan

The stock hit a record high of Rs 335, up 20% on BSE after said its board will meet on January 12, 2018 to consider the proposal of voluntary delisting.

Infinite Computer Solutions (India) was locked in upper circuit of 20% at Rs 335, also its record high on BSE, after the IT consulting & software firm said that the company’s board will meet on January 12, 2018 to consider the proposal of voluntary delisting.

“The Company has received a letter dated January 08, 2018 from Mr. Sanjay Govil, promoter representing the promoter & promoter group of our company, expressing their intent to give an offer to the public shareholders of the company to acquire entire 8.34 million equity shares of the company held by public shareholders (representing 25.02%