Cerebra Integrated to allot shares on BIFR order

Cerebra Integrated Technologies Ltd has announced that it has received an order from BIFR to allot equity shares to its investors and creditors. The Company through this direction from BIFR are well poised to become a debt free company very, shortly.

The Company, an information technology firm, has identified the KPO segment as potential growth generators and charted out aggressive plans in both the segments and were awaiting these orders from BIFR to roll out its aggressive expansion plans.

The Company is currently on the scout for acquisitions in the KPO sector and in the process to shod-list such firms involved in the Design & Detailing services, Legal Process Outsourcing, KPO business. It intends to buy small to mid sized firms in India & USA. The company plans to invest in building 200 seats strong KPO business globally.

The Company's Electronic Manufacturing Services division is also very aggressively putting its efforts in marketing to capture a reasonable share of the EMS market. The Company also has plans for overseas acquisition in RFID area in addition to organic growth in India.

The Company is fully geared up to handle design, development, prototype and final box build of products to meet the customers requirements in the field of Telecom, Computers, Wireless and Related products. The Company's services ranges from design engineering, assembly of printed circuit boards, assembly of electromechanical subsystems and complete systems to manufacturers of telecom equipment, computers, consumer electronics, industrial electronics, automotive electronics and also medical instrumentation.

Source : Equity Bulls

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