The total cost of acquisition is Rs30.82 Million acquiring 4.2 lakh shares. The company had a Joint Venture agreement with Cybercom through a JV Company i.e. CDIS and that the Company is holding 50.50% shares and Cybercom is holding 49.50% shares in the JVC.
The Joint Venture agreement between the Company and Cybercom will be terminated on completion of acquisition.
Datamatics Global Services Ltd ended at Rs153.40 per piece up by Rs6.8 or 4.64% from its previous closing of Rs146.60 per piece on the BSE.