ALPHA TRIBE

C.E. Info Systems LimitedImportant, 06-02-2025: Updates

06-02-2025 | 06:19 pm

C.E. Info Systems Limited has completed its acquisition of a stake in Simdaas Autonomy Private Limited. The company acquired 1 equity security and 13,671 Compulsorily Convertible Preference Shares (CCPS), both at an issue price of ₹2,194.25 per share, totaling an investment of approximately ₹3 crore. This acquisition strengthens C.E. Info Systems' portfolio and strategic positioning in the market. Investors should view this development as a significant move that could enhance future growth opportunities and overall valuation. Watch closely for how this integration may impact financial performance in the coming quarters.

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