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nfibeam Avenues to acquire 50.50% stake in So Hum Bharat Digital Payments

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Capital Market
The Board of Infibeam Avenues at its meeting held on 11 February 2021 has approved the investment in So Hum Bharat Digital Payments to acquire 50.50% instead of earlier approval of 33.33% shareholding (Post investment by Infibeam along with existing investors of So Hum) before 31 March 2021.

As a result, So Hum will become a Subsidiary of the Company. Except the above, rest details remain unchanged.

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First Published: Feb 11 2021 | 5:30 PM IST

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