DynamicLevels
DynamicLevels
29 Jun 2016
Saksoft rises 3%, to acquire 25% stake in subsidiary
Dynamic Levels
Saksoft share price surged by almost 3 per cent intraday to close at Rs 204.00. On Wednesday, 29th June 2016, the company's board approved to increase stake in subsidiary company. The company has approved to further acquire 25 per cent more stake in its subsidiary company 360 Logica Testing Services. Currently Saksoft holds 51 per cent in 360logica and after the acquisition the holding will increase to 76 per cent. The board of directors has given an in-principl
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