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Board of E.Com Infotech (India) approves acquisition of majority stake in Mumbai based entity

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Capital Market
Last Updated : Dec 16 2019 | 10:04 AM IST

At meeting held on 14 December 2019

The Board of E.Com Infotech (India) at its meeting held on 14 December 2019 has decided to acquire a 51% stake in the form of equity shares in a Mumbai entity. The proposed start-up as Freebird Aerospace India will focus on the Aerospace vertical and is planned to be registered under the Startup India scheme announced by the Government of India.

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First Published: Dec 16 2019 | 9:52 AM IST

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