Tech Mahindra to sell 73% stake in subsidiary to US-based Resolve Systems
Updated : August 18, 2019 04:16 PM IST
The company said consideration received from this divestment is $2 million for the equity held by the company, subject to necessary adjustments.
The transaction is expected to be completed by November 15, 2019, subject to receipt of all statutory approvals.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more