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Exicom Tele-Systems other announcement announcements

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17:29 IST NSE
Other AnnouncementExicom Tele-Systems Ltd EXICOM

Exicom Tele-Systems Other Announcement

Exicom Tele-Systems Limited announced that its subsidiary, Exicom Power Solutions B.V., approved the conversion of USD 5.5 million (₹51.15 Crore) OCDs into equity. Consequently, the company's stake diluted from 100% to 92.23%. While it ceased to be a wholly-owned subsidiary, it remains a material subsidiary of the company.

Value
₹51.15 Cr