Secmark Consultancy Ltd to acquire 20% stake in Trakiot

Secmark Consultancy Ltd has entered into Share Subscription Agreement and Shareholders' Agreement with Trakiot Solutions Private Limited (Trakiot) and its Promoters in connection with subscription of 2,500 equity shares of face value Rs 10 each of Trakiot on February 23, 2022.

Trakiot is in the business of software designing, development, customisation, implementation, maintenance, testing and bench marking, designing, developing, dealing and marketing in computer and mobile software and solutions and undertaking IT enabled services.

SecMark offers Software and Technology products and services to its clients and the acquisition of shares of Trakiot will have synergy with the business of Company.

The company will acquire 2,500 equity shares of Trakiot having face value of INR 10/- each at a premium of INR 990/- amounting to Rs. 25,00,000/-. Post-acquisition the Company will have 20% shareholding in Trakiot.

Source : Equity Bulls

Keywords

SecmarkConsultancy StakeAcquisition TrakiotSolutions