To Invest In Mobisy Technologies Pvt Ltd

IndiaMART InterMESH

13/05/2020 11:32

May 13 (Reuters) - IndiaMART InterMESH Ltd  INMR.NS :
    * INDIAMART INTERMESH LTD -ENTERED INTO AN AGREEMENT TO
INVEST IN
MOBISY TECHNOLOGIES PRIVATE LIMITED
    * INDIAMART INTERMESH - INITIALLY INTENDS TO INVEST UPTO 100
MILLION RUPEES IN MOBISY TECHNOLOGIES
    * INDIAMART INTERMESH LTD - HAS A RIGHT BUT NOT AN
OBLIGATION TO
INVEST UPTO ADDITIONAL 100 MILLION RUPEES AFTER APRIL 01, 2021
    * INDIAMART INTERMESH LTD - AGGREGATE SHAREHOLDING OF CO
POST
INITIAL INVESTMENT IN ENTITY WOULD BE 8.98% ON FULLY CONVERTED,
DILUTED BASIS

Source text for Eikon:  ID:nBSEbJjyXD 
Further company coverage:  INMR.NS 

 ((Reuters.Briefs@thomsonreuters.com;))