Adani Enterp.

2993.25down-arrow-46.35

Adani Ports

1320.3down-arrow-18.50

Apollo Hospitals

6009.6down-arrow51.05

Asian Paints

2929.75down-arrow-45.65

Axis Bank

1141.5down-arrow-8.35

B P C L

629.85down-arrow-4.80

Bajaj Auto

9105.6down-arrow-5.05

Bajaj Finance

6931.5down-arrow48.80

Bajaj Finserv

1627.3down-arrow11.85

Bharti Airtel

1277.4down-arrow-26.65

Britannia Inds.

4744.6down-arrow-15.05

Cipla

1424.75down-arrow4.70

Coal India

474.6down-arrow20.70

Divi's Lab.

3950.95down-arrow-13.70

Dr Reddy's Labs

6349.55down-arrow62.05

Eicher Motors

4599.25down-arrow-3.15

Grasim Inds

2481.35down-arrow44.00

HCL Technologies

1348.05down-arrow-12.65

HDFC Bank

1519.6down-arrow-12.65

HDFC Life Insur.

565.9down-arrow-10.45

Hero Motocorp

4552.75down-arrow-8.75

Hind. Unilever

2217.05down-arrow-9.25

Hindalco Inds.

647.1down-arrow5.65

ICICI Bank

1142.05down-arrow2.60

IndusInd Bank

1483.7down-arrow-21.50

Infosys

1416.3down-arrow1.85

ITC

436.45down-arrow-2.55

JSW Steel

874.2down-arrow-16.15

Kotak Mah. Bank

1546.7down-arrow-28.95

Larsen & Toubro

3499.8down-arrow-99.70

LTIMindtree

4651.95down-arrow-40.75

M & M

2193down-arrow7.85

Maruti Suzuki

12492.15down-arrow-313.20

Nestle India

2456.1down-arrow-56.20

NTPC

364.95down-arrow-4.10

O N G C

286.1down-arrow3.30

Power Grid Corpn

310.85down-arrow-2.75

Reliance Industr

2868down-arrow-65.10

SBI Life Insuran

1443.25down-arrow-17.65

Shriram Finance

2588.55down-arrow6.45

St Bk of India

831.45down-arrow1.40

Sun Pharma.Inds.

1511.15down-arrow-7.85

Tata Consumer

1094.3down-arrow3.15

Tata Motors

1013.4down-arrow-14.40

Tata Steel

166.5down-arrow-0.85

TCS

3843.4down-arrow-19.90

Tech Mahindra

1250.45down-arrow-16.45

Titan Company

3533.9down-arrow-34.55

UltraTech Cem.

9816.3down-arrow-167.15

Wipro

457.35down-arrow-0.05

Corporate News - Detailed News Back
Moschip Technologies acquires balance stake in Softnautics Inc
10-Jun-23   18:13 Hrs IST
The Board of Moschip Technologies at its meeting held on 10 June 2023 has approved the allotment of 1,14,52,498 equity shares of face value of Rs 2 at a price of Rs 63.22 per share aggregating to Rs 74.69 crore to the shareholders of Softnautics Inc for consideration other than cash (Swap shares) towards part payment of the total consideration payable on a preferential issue basis.

Consequent to the above allotment the total number of equity shares of the Company has increased from 166,566,790 to 178,019,287 shares.

Subsequent to the aforementioned allotment, Softnautics Inc has become 100% wholly owned subsidiary of MosChip and Softnautics LLP has become Step down subsidiary.

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