Infibeam To Divest Stake In Subsidiary Primid, Rejigs Board

Share via:


SUMMARY

Infibeam Avenues said that its board approved the divestment of 49% stake in Pirimid Technologies to subsidiary Rediff.com India for a consideration of up to INR 27 Cr

Infibeam’s UAE-based wholly owned subsidiary Vavian also approved the acquisition of 80% stake in Abu Dhabi-based company Infibeam Avenues ME SPV Limited for $80 Mn

Infibeam’s board approved the appointment of Girija Krishan Varma as a non-executive and independent director for a period of five years

Much happened at listed fintech major Infibeam



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Infibeam To Divest Stake In Subsidiary Primid, Rejigs Board


SUMMARY

Infibeam Avenues said that its board approved the divestment of 49% stake in Pirimid Technologies to subsidiary Rediff.com India for a consideration of up to INR 27 Cr

Infibeam’s UAE-based wholly owned subsidiary Vavian also approved the acquisition of 80% stake in Abu Dhabi-based company Infibeam Avenues ME SPV Limited for $80 Mn

Infibeam’s board approved the appointment of Girija Krishan Varma as a non-executive and independent director for a period of five years

Much happened at listed fintech major Infibeam



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Today’s NYT Wordle Hints, Answer and Help for Dec....

Looking for the most recent Wordle answer? Click here for...

Popular