rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Tata Consultancy Services Ltd ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms”>TCS), India’s largest IT services firm, on Tuesday said it has signed an agreement to acquire 100% stake in a Bengaluru-headquartered commercial real estate company ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/darshita-southern-india-happy-homes” target=”_blank”>Darshita Southern India Happy Homes Pvt Ltd for Rs 2,250 crore in cash consideration.
The acquisition of land and building which is held by the entity is to serve as a delivery center, TCS said in a stock exchange filing.
The transaction has a call option to acquire 100% equity shares in the entity after two years by the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tata-group” target=”_blank”>Tata Group firm.
Incorporated in…
