Saven Technologies provides update on its JV Penrillian, UK

Capital Market

Last Updated : May 11 2017 | 7:31 PM IST

Penrillian, UK decides to voluntarily liquidate

Saven Technologies announced that its joint venture, Penrillian, UK informed the Company that due to decline in its financial position, the Joint Venture has decided to go for Voluntary Liquidation and appointed Insolvency Practitioner to commence the procedure for the same with effect from 10 May 2017.

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