3i Infotech completes sale of software product biz of its subsidiary in Saudi Arabia

3i Infotech announced that the company on 12 November 2021, upon receipt of regulatory approvals, completed the sale of the software product business of its subsidiary in Saudi Arabia on a going concern basis to Azentio Software (and its affiliates) ('Buyer'), pursuant to inter alia the business transfer agreement dated 28 December 2020 executed between the Company and the Buyer.

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