Board of Rashi Peripherals approves investment of up to Rs 14 cr in Satcom Info Tech

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Last Updated : Jan 13 2025 | 9:16 PM IST

At meeting held on 13 January 2025

The Board of Rashi Peripherals at its meeting held on 13 January 2025 has approved to make an investment of upto Rs. 14 crore (for a 70% equity stake) by way of acquisition of equity shares in Satcom Info Tech (Satcom).

Postacquisition Satcom Info Tech would become a subsidiary of the Company.

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First Published: Jan 13 2025 | 7:37 PM IST

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