Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
20 January, 2022 07:16 IST
Onward Technologies acquires NV Pune Technology Park
Source: IRIS | 06 Dec, 2021, 07.24PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Onward Technologies, a leading global player of mechanical engineering design and information technology consulting services has entered into Share Purchase Agreement (SPA) with NV Pune Technology Park and has acquired 100% of the equity and preference shares.

Accordingly, NV Pune has become the wholly owned subsidiary of Onward Technologies with effect from December 01, 2021. The purpose of the acquisition is to build dedicated delivery centre for offshore business catering to Europe and US clients.

Shares of the company gained Rs 12.55, or 4.71%, to settle at Rs 279.  The total volume of shares traded was 9,179 at the BSE (Monday).


 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Balu Forge acquires precision machining unit of Mercedes Benz Truck Factory in Germany - 19-Jan-2022 18:34
Ion Exchange secures contract worth Rs 1,370 mn from Numaligarh Refinery - 19-Jan-2022 15:53
CIL's supplies under e-auction log 31% growth during Apr-Dec'21 - 19-Jan-2022 15:09
Manappuram Finance gets nod to raise Rs 8 bn through NCDs - 18-Jan-2022 19:34
Tech Mahindra acquires Com Tec Co IT - 18-Jan-2022 19:14
Strides gets USFDA nod for Oseltamivir Phosphate for Oral Suspension - 18-Jan-2022 18:07
Lupin gets nod to acquire portfolio of brands of Anglo-French Drugs & Industries - 18-Jan-2022 17:58
ICICI Bank: Leadership position to strengthen; Tech capabilities to drive sustainable growth - 18-Jan-2022 14:36
UltraTech Cement Q3FY22 Review - Outlook positive; Hold - 18-Jan-2022 14:23
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer