Fidel Softech Limited — Board Meeting, 17-07-2025: Outcome of Board Meeting
17-07-2025 | 11:17 am
17-07-2025 | 11:17 am
Fidel Softech's board approved a key strategic move: further equity investment in its wholly-owned US subsidiary, FidelSoft Inc. This investment, totaling 3 Million USD, is crucial to enable FidelSoft Inc. to acquire another Limited Liability Company (LLC) in the United States. FidelSoft Inc., engaged in Langtech, Consultancy, and IT services, had a turnover of approximately INR 0.33 Cr in FY24-25. This move aims to strengthen the company's footprint and expand service offerings in the US market. The acquisition is expected to complete within two months.
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