Onward Tech board nods acquisition of 100% stake in NV Pune Technology Park

The current market cap of the company is Rs500.12cr.

Nov 25, 2021 01:11 IST India Infoline News Service

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Onward Technologies Ltd has informed that the Board of Directors of the Company on Wednesday, November 24, 2021, inter‐alia have accorded their approval for acquisition of 100% equity shares and preference shares of NV Pune Technology Park Private Limited.

Also, the Board has authorised directors and other officials of the Company for execution and signing of Share Purchase Agreement and other transaction documents in this regard.

At around 1:37 PM, Onward Technologies was trading at Rs279.40 per piece down by Rs4.2 or 1.48% on Sensex.

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