Aurionpro signs agreement to increase stake in SC Soft to 80%

SC Soft is looking at rapid expansion of business with multiple deal wins and is expected to be the growth engine for the future. Accordingly, Aurionpro has decided to increase its stake in it to 80% in a phased manner upto 31st December 2022. The transaction, to be executed through Aurionpro Solutions Pte. Ltd, our Singapore based subsidiary, will cost US$ 2.95 Million (approximately INR 22 Crores). Aurionpro has strong cash flows and is comfortably expecting to fund this acquisition through internal accruals.

Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 207.00 as compared to the previous close of Rs. 208.30. The total number of shares traded during the day was 3305 in over 242 trades.

The stock hit an intraday high of Rs. 218.00 and intraday low of 203.15. The net turnover during the day was Rs. 688168.00.

Source : Equity Bulls

Keywords

AurionproSolutions INE132H01018 ITSoftwareProducts SCSoft