Adani Enterprises Ltd has acquired 10% shareholding of Unyde Systems Private Limited (“USPL”) on February 09, 2022.
According to the filing, USPL is a start-up that is engaged inter alia in the business of software development and information technology enabled services and related services and products. USPL’s turnover for FY 2020-21 was Rs0.86 crore.
USPL has issued Equity Shares as consideration for certain services provided by the Company and the cost of acquisition is Rs3.75 crore, said Company on Thursday.
On Friday at around 9:53 AM, Adani Enterprises was under pressure, trading at Rs1,771 apiece down by Rs13.05 or 0.73% on Sensex.
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