C.E. Info Systems Limited — Important, 24-01-2025: Updates

C.E. Info Systems Limited has completed its acquisition of a stake in Simdaas Autonomy Private Limited. The details of the acquisition include purchasing 1 equity share at an issue price of INR 2,194.25 and 13,671 Compulsorily Convertible Preference Shares (CCPS) at the same price per share, resulting in a total investment of approximately INR 3.00 crore. This acquisition may strengthen C.E. Info Systems’ position in the market, offering new growth opportunities. Investors should monitor the integration of Simdaas Autonomy's capabilities and how this aligns with the company’s strategic goals for potential long-term benefits.