Raminfo Ltd acquires 29% stake in Modern MVUS Services Pvt Ltd

As part of its strategic expansion, Raminfo Ltd has initiated a collaborative venture with local partners in Rajasthan to venture into the domains of Emerging Tech, Health Care, Energy and Animal Husbandry, etc., as a consequential step in this strategic direction, the company has acquired a 29% stake in M/s. Modern MVUS Services Private Limited.

This acquisition comprises 2,900 equity shares valued at Rs. 10/- each, totaling Rs. 29,000/-. The acquisition was executed by subscribing to the Memorandum of Mi s. Modern MVUS Services Private Limited, and the transaction was successfully completed on 05th January, 2024.

This strategic partnership and . equity acquisition align with Raminfo Limited's vision for diversification and growth into emerging sectors, marking a significant milestone in our company's strategic roadmap.

Shares of RAMINFO LIMITED was last trading in BSE at Rs. 142.00 as compared to the previous close of Rs. 143.05. The total number of shares traded during the day was 76380 in over 571 trades.

The stock hit an intraday high of Rs. 145.00 and intraday low of 141.15. The net turnover during the day was Rs. 10876026.00.

Source : Equity Bulls

Keywords

RAMINFO INE357B01022 StakeAcquisition ModernMVUSServices