Sandesh spurts 2.4% after acquisition

The Company proposes to acquire the equity shares of Rs. 10/- each of M/s. Sandesh Digital Private Limited and as a result M/s. Sandesh Digital Private Limited will become a Wholly Owned Subsidiary of the Company.

Sep 21, 2015 04:09 IST India Infoline News Service

Sandesh Ltd has informed BSE that the Company proposes to acquire the equity shares of Rs. 10/- each of M/s. Sandesh Digital Private Limited and as a result M/s. Sandesh Digital Private Limited will become a Wholly Owned Subsidiary of the Company.

The stock of the company closed up 2.4% at Rs.668.

The stock hit a high of Rs.671 and low of Rs. 644 on BSE today. The total traded quantity was 931 odd-shares and two-week average quantity is 1292 odd shares. 

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