At meeting held on 06 August 2019
The Board of Xelpmoc Design and Tech at its meeting held on 06 August 2019 has approved the proposal for investment in Share Capital of Mihup Communications. The transaction is expected to be completed by end of October 2019. The total cost of acquisition is Rs 43.75 crore. As of now Company holds 8.75% shareholding in MCPL on fully diluted basis and after proposed acquisition Company will hold 11.15% shareholding in MCPL on fully diluted basis.Powered by Capital Market - Live News