Ace Software Exports Limited invests in QeNomy Digital LLP

Ace Software Exports Limited has successfully invested in/acquired a 40% stake in QeNomy Digital LLP ("QeNomy") for a total consideration of ₹9,63,01,600/- (Rupees Nine Crore Sixty-Three Lakhs One Thousand Six Hundred only).

QeNomy Digital LLP ("QeNomy"), a limited liability partnership firm incorporated in the year 2017 under The Limited Liability Partnership Act, 2008 with LLPIN AAJ-0232 and having its registered office at 801 Aalap B, Limda Chowk, Rajkot - 360 001, Gujarat, India.

The Company in order to add a new growth driver both domestically and globally have acquired 40% stake in the QeNomy Digital LLP. The Company believes that it can supplement and complement the business of QeNomy Digital LLP and can bring significant value not only to both the entities but also to its customers and shareholders.

Shares of ACE SOFTWARE EXPORTS LTD. was last trading in BSE at Rs. 130.87 as compared to the previous close of Rs. 128.31. The total number of shares traded during the day was 8083 in over 86 trades.

The stock hit an intraday high of Rs. 130.87 and intraday low of 130.87. The net turnover during the day was Rs. 1057822.00.

Source : Equity Bulls

Keywords

ACESOFTWAREEXPORTS INE849B01010 Investment QeNomyDigital