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Zomato spurts 5% on completion of acquisition in Adonmo and UrbanPiper

1 Feb 2022 , 09:45 AM

Zomato Limited has completed acquisitions in Adonmo Private Limited and Urban Piper Technology Private Limited on January 31, 2022. The company acquired 11,214 compulsorily convertible preference shares (CCPS) and 10 equity shares of Adonmo and 1,259 CCPS and one equity share of UrbanPiper.  

The company stock was ind emand during early trade on Tuesday. At around 9.48 am, Zomato Ltd is currently trading at Rs95.00 per share up Rs4.60 or 5.09% from its previous closing of Rs90.40 on the BSE.

The scrip opened at Rs91.95 and has touched a high and low of Rs95.75 and Rs91 respectively.

Related Tags

  • acquisition
  • Adonmo
  • CCPS
  • equity shares
  • UrbanPiper
  • Zomato Limited
  • Zomato news
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