Brief: Nelco Entered Into Agreement To Acquire 9.09% Stake Of Piscis Networks

Nelco

05/06/2023 13:27

June 5 (Reuters) - Nelco Ltd  NELC.NS :
    * ENTERED INTO AGREEMENT TO ACQUIRE 9.09% STAKE OF PISCIS NETWORKS
    * ALSO ENTERED INTO AGREEMENT TO MAKE FURTHER INVESTMENT TO INCREASE CO’S
SHAREHOLDING UPTO ATLEAST 30% IN PISCIS NETWORKS
    * COST OF ACQUISITION WORTH INITIAL INVESTMENT OF ABOUT 10 MILLION RUPEES

Further company coverage:  NELC.NS 

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