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PS IT Infrastructure & Services Ltd.

BSE: 505502 Sector: Others
NSE: N.A. ISIN Code: INE953M01033
BSE 00:00 | 12 Dec PS IT Infrastructure & Services Ltd
NSE 05:30 | 01 Jan PS IT Infrastructure & Services Ltd
OPEN 18.20
PREVIOUS CLOSE 18.20
VOLUME 10050
52-Week high 26.10
52-Week low 18.20
P/E
Mkt Cap.(Rs cr) 98
Buy Price 19.95
Buy Qty 4700.00
Sell Price 18.20
Sell Qty 1647.00
OPEN 18.20
CLOSE 18.20
VOLUME 10050
52-Week high 26.10
52-Week low 18.20
P/E
Mkt Cap.(Rs cr) 98
Buy Price 19.95
Buy Qty 4700.00
Sell Price 18.20
Sell Qty 1647.00

PS IT Infrastructure & Services Ltd. (PSITINFRA) - Company History

PS IT Infrastructure & Services Ltd was incorporated in 17 May 1982 in Mumbai. The Company is engaged in trading of computer hardware and software dealing in shares & other securities.As a part of expansion of business line during the year 2013 the Company acquired two IT Companies namely Swift Infrastructure & Services Ltd and Crescent Digital Technologies Ltd. These two companies are in businesses of consultancy related to development of IT software IT integrated infrastructure and trading in computer and hardware developing IT integrated infrastructure and executing other IT Infrastructure related contracts and trading in computer hardware.Pursuant to scheme of Amalgamation approved by shareholders and sanctioned by Hon'ble High Court at Mumbai on 03 May 2013 under provision of Companies Act 1956 of which certified order copy received on 30th May 2013 the entire undertaking of Crescent Digital Technologies Ltd (CDTL) and Swift IT Infrastructure & Services Ltd (SIISL) the transferor companies has been transferred to Company as a going concern with effect from 31st July 2012 (the appointed date). In accordance with scheme 42520000 Equity Shares of Rs.10/- each fully paid up and ranking in pari-passu with existing Equity Shares are to be issued by company to equity shareholders of Crescent Digital Technologies Ltd and Swift IT Infrastructure & Services Ltd in the ratio of 1:1 i.e. 1 new equity share of Rs.10/- each in the transferee company credited as fully paid up for 1 equity share of Rs.10/- each in capital of transferor company. High Court vide its order dated 3rd May 2013 has approved the amalgamation and now the Company looks forward for improved results and in turn increase shareholders value.

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