JIK Industries completes merger of Sharex with Link Intime

Sharex has now ceased to exist as a separate entity and hereafter post-merger is known as Link Intime India Pvt. Ltd.

Oct 26, 2020 10:10 IST India Infoline News Service

JIK Industries Limited informed the exchanges Saturday that the Regional Director vide its order dated July 16, 2020 has approved merger of Sharex Dynamic (India) Pvt. Ltd. with Link Intime India Pvt. Ltd.

After the Order, Sharex has now ceased to exist as a separate entity and hereafter post-merger is known as Link Intime India Pvt. Ltd. The existing team of Sharex is merged with Link Intime hence the point of contact will remain same.

“Sharex is a 100% subsidiary of the market leader registry company Link Intime India Pvt Ltd. We have been providing services to you under the brand name “Sharex” for the past few decades and we continued doing so even after change of ownership. We have already integrated our operations with Link Intime to derive benefits of better technology and infrastructure for our clients and their investors.

As such Sharex moved in to the existing premises of Link Intime at 247 Park in May 2019, and ever since the migration of data, sharex has been using the software resources of Link Intime – “ Insta”. Having benefited from the integration so far, we believed it would be appropriate to totally merge the operations of Sharex into Link Intime. Accordingly, we approached Regional Director(RD) and ROC of Maharashtra with an application for merger of Sharex into Link Intime,” Sharex intimated the exchanges on Saturday.

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