Hi-Tech Pipes Ltd. to Acquire Sain Software Systems Private Limited for Rs. 25.77 Crore

Hi-Tech Pipes Ltd. has announced the acquisition of 100% stake in Sain Software Systems Private Limited for a cost of acquisition of Rs. 25.77 Crore. The acquisition is expected to provide long-term strategic value and ensure efficient utilization of resources. Post-acquisition, the target company will be rebranded and aligned with the Company’s steel pipe business operations to achieve better operational synergy and brand consistency.