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21/12/2023 22:10

Sofcom Systems - Board Meeting Outcome for Acquisition Of Stake In Closely Held Company

Please note that the Board of Directors of the Company in their Board Meeting held today, on 21st December 2023 have considered and passed the resolution to acquire stake in M/s Avian Consultancy Services Private Limited, a closely held private limited company. \r\n\r\nThe Board Meeting for following agenda item is adjourned till 27th December 2023:\r\n\r\n(1) Adopt the valuation report of M/s Avian Consultancy Services Private Limited. \r\n\r\n(2) Determining the mode of consideration for acquiring the stake in M/s Avian Consultancy Services Private Limited. \r\n