Hi-Tech Pipes Ltd. to Acquire 100% Stake in Sain Software Systems Private Limited for Rs. 25.77 Crore

Hi-Tech Pipes Ltd. has approved the acquisition of 100% stake in Sain Software Systems Private Limited, a company engaged in the business of providing information technology services. The acquisition, valued at Rs. 25.77 Crore, 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.