Acquisitions4 Sept 2025, 07:22 pm
HCL Infosystems Acquires 15% Stake in Pimpri Chinchwad e-services Limited for Rs. 7500
AI Summary
HCL Infosystems Limited has acquired a 15% stake in Pimpri Chinchwad e-services Limited for a value of Rs. 1 per share, resulting in Pimpri Chinchwad e-services Limited becoming a wholly owned subsidiary of HCL Infosystems Limited. The acquisition was completed on 04th September 2025, with HCL Infosystems Limited purchasing 7500 shares of the subsidiary company from INDO Enviro Integrated Solutions Private Limited. The consideration for the acquisition was Rs. 7500 (7500 shares @ Rs. 1 per share).
Key Highlights
- HCL Infosystems Limited acquires 15% stake in Pimpri Chinchwad e-services Limited
- Pimpri Chinchwad e-services Limited becomes a wholly owned subsidiary of HCL Infosystems Limited
- Acquisition completed on 04th September 2025
- HCL Infosystems Limited purchases 7500 shares of Pimpri Chinchwad e-services Limited from INDO Enviro Integrated Solutions Private Limited
- Consideration for the acquisition was Rs. 7500 (7500 shares @ Rs. 1 per share)