Adani Enterp.

2251 -34.30

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1306.3 -26.80

Apollo Hospitals

6722 -129.50

Asian Paints

2299.6 -3.00

Axis Bank

1151.1 -21.10

Bajaj Auto

7682.5 -42.00

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8641 -191.50

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1970 -36.00

Bharat Electron

315.85 8.70

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1848.4 -26.50

Cipla

1480 -6.80

Coal India

382.4 -3.05

Dr Reddy's Labs

1155.9 7.90

Eicher Motors

5324 -48.50

Eternal Ltd

227.14 -2.67

Grasim Inds

2634.8 -63.90

HCL Technologies

1569.4 -11.30

HDFC Bank

1889.7 -38.80

HDFC Life Insur.

713.6 -9.35

Hero Motocorp

3853.9 53.40

Hind. Unilever

2332.9 -22.00

Hindalco Inds.

627.15 6.95

ICICI Bank

1388.9 -46.60

IndusInd Bank

818.2 -8.60

Infosys

1507.6 -3.80

ITC

423.55 -7.05

JSW Steel

957 3.80

Kotak Mah. Bank

2103.1 -9.50

Larsen & Toubro

3443.9 120.00

M & M

2982.1 -51.00

Maruti Suzuki

12250 -142.00

Nestle India

2325.4 -15.30

NTPC

334.75 -5.25

O N G C

234.96 1.74

Power Grid Corpn

299.3 -8.95

Reliance Industr

1377.2 -29.80

SBI Life Insuran

1699.8 -31.70

Shriram Finance

601.45 -14.35

St Bk of India

779.25 10.25

Sun Pharma.Inds.

1744.8 -22.40

Tata Consumer

1113.7 -2.30

Tata Motors

708.5 25.65

Tata Steel

142.78 -0.89

TCS

3440.3 -8.60

Tech Mahindra

1493.7 -9.10

Titan Company

3510.3 141.00

Trent

5113 -113.50

UltraTech Cem.

11364 -267.00

Wipro

242.01 0.44

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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