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Onesource Ideas Venture acquires 53.96% stake in Avancera Business Solutions

Capital Market 

On 07 August 2017

Onesource Ideas Venture announced that the Company has now become the owner of 53.96% shareholding of Avancera Business Solutions as on the closing hrs of 7 August, 2017 by virtue of 23,000 equity shares of Avancera Business Solutions being allotted to the company on preferential basis on 07 August, 2017.

In this regard it is now informed that Avancera Business Solutions w.e.f., from the closing hrs of 07 August, 2017 has become the subsidiary of Onesource Ideas Venture.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 08 2017. 15:08 IST