Acquisitions19 Mar 2024, 07:17 pm
Compucom Software Ltd. Completes Acquisition of CSL Infomedia Private Limited
AI Summary
Compucom Software Ltd.'s Board of Directors approved the acquisition of 25.79% shares in CSL Infomedia Private Limited from existing shareholders. This acquisition, completed on an undisclosed date, makes CSL Infomedia a wholly owned subsidiary of Compucom Software Ltd. The target entity, CSL Infomedia, is in the broadcasting industry and had a turnover of Rs.1038.81 lacs in FY23. The transaction involved a substantial investment of Rs.4,18,95,000.
Key Highlights
- Compucom Software Ltd. completes acquisition of CSL Infomedia Private Limited
- Transactions valued at Rs.4,18,95,000
- CSL Infomedia Private Limited is now a wholly owned subsidiary of Compucom Software Ltd.
- Broadcasting industry focus
- Acquisition of nearly 25.8% shares from multiple entities