Stock Report

California Software Company Ltd to acquire majority stake in Pratsware



Posted On : 2021-12-07 19:44:31( TIMEZONE : IST )

California Software Company Limited has announced that the Company has today, i.e. 7 December 2021, signed a Memorandum of Understanding (MoU) to acquire a majority stake in M/s. Pratsware Technologies Pvt Ltd (Pratsware) which owns botbaba, which is WhatsApp Chatbot Platform (https://botbaba.io) the most advanced and powerful WhatsApp Chatbot Platform available in the market. This acquisition will make Calsoft a global leadership in the sphere of e commerce and Point of Sale (PoS) solutions. This acquisition will make Pratsware as Calsoft's subsidiary.

Calsoft will support Pratsware with a complete Software Solutions platform, analytics, predictive analytics, blockchain technology, payments technology and its global market reach across the world.

Shares of California Software Company Limited was last trading in BSE at Rs. 31.95 as compared to the previous close of Rs. 30.45. The total number of shares traded during the day was 8405 in over 7 trades.

The stock hit an intraday high of Rs. 31.95 and intraday low of 31.95. The net turnover during the day was Rs. 268539.00.

Source : Equity Bulls

Keywords

CaliforniaSoftwareCompanyLimited INE526B01014 CALSOFT Acquisition Pratsware botbaba WhatsAppChatbotPlatform