SAR Televenture News and Updates

Keep track of all breaking news on SAR Televenture from all sources in a single place.

04 Nov 2024

223.20

0.22%

SAT Televenture to acquire Tikona Infinet for Rs 669 cr in cash, stock deal

Business Standard

Network infrastructure company SAR Televenture on Monday announced that it will acquire internet service provider Tikona Infinet for Rs 669 crore in a cash and stock deal. The two parties have entered into an agreement under which SAR will acquire a 91 per cent stake in Tikona for Rs 669.04 crore in cash and stock deal, a statement said. Tikona Infinet will become a significant subsidiary of SAR Televenture and Tikona shareholders will get SAR Televenture shares. SAR, which is listed on the SME platform of NSE, would be able to expand its business post-deal, especially those in the enterprise sector, the statement said, adding there are operational synergies between the two businesses which will create cost savings. Post deal completion, timelines for which were not revealed, the SAR group will become an integrated telecom services provider with a presence in ISP services, IP1 services, broadband and enterprise services, the statement said. In FY24, the registered sales of the ..

SAR Televenture has lost -29.82% in the last 1 Year

SAR Televenture Ltd.

07 Mar 2024

223.20

0.22%

SAR Televenture Plans To To Raise Rs 450 Crore Via FPO, Rights Issue

NDTV Profit

Telecommunication infrastructure provider SAR Televentures Ltd is looking to raise Rs 450 crore through a combination of Further Public Offer (FPO) and a rights issue to fund the company's expansion plans.

SAR Televenture has gained 33.17% in the last 1 Month

SAR Televenture Ltd.

08 Nov 2023

223.20

0.22%

Stellar Debut: SAR Televenture share price lists at 90% premium at 105 on NSE SME

livemint

SAR Televenture share price makes stellar debut on NSE SME, listed at 105 per share, 90.9% higher than issue price. SAR Televenture IPO's price band set at 52-55, with minimum bid requirement of 2,000 shares.

SAR Televenture has gained 33.17% in the last 1 Month

29.51% Fall from 52W High

SAR Televenture News and Updates

Keep track of all breaking news on SAR Televenture from all sources in a single place.