eCommerce
Infibeam To Divest Stake In Subsidiary Primid, Rejigs Board
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SUMMARY
Infibeam Avenues said that its board approved the divestment of 49% stake in Pirimid Technologies to subsidiary Rediff.com India for a consideration of up to INR 27 Cr
Infibeam’s UAE-based wholly owned subsidiary Vavian also approved the acquisition of 80% stake in Abu Dhabi-based company Infibeam Avenues ME SPV Limited for $80 Mn
Infibeam’s board approved the appointment of Girija Krishan Varma as a non-executive and independent director for a period of five years
Much happened at listed fintech major Infibeam
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