Business Update22 Dec 2023, 07:58 pm
SIS Ltd Completes First Tranche Investment of INR 350 Million in Entitled Solutions Pvt Ltd
AI Summary
SIS Ltd has completed the first tranche investment of approximately INR 350 million in Entitled Solutions Private Limited (Entitled) as part of the Share Purchase Agreement signed on November 27, 2023. The company has made the investment in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.,
Key Highlights
- SIS Ltd completes first tranche investment of INR 350 million in Entitled Solutions Pvt Ltd
- Investment made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- First tranche investment marks the beginning of the acquisition of Compulsorily Convertible Debentures in Entitled