IT People acquires stake in Marketplace Tech.
IT People acquires stake in Marketplace Tech. The board of directors (BoD) of IT People (Q, N,C,F)* India, at its meeting held on Sep. 24, 2007, approved acquisition of 100% stake in Marketplace Technologies, formerly known as ENC Software Solutions, a closely held company, and the eventual amalgamation of it into IT People, subject to necessary approvals from shareholders and authorities. >
The company entered into memorandum of understanding (MoU) with the promoters (stakeholders) of Marketplace Technologies on Sep. 24, 2007.
Shares of the company closed at Rs 38.65. The total volume of shares traded were 279,245 at the BSE (Monday).
Shares of the com pany traded flat at Rs 38.65. The total volume of shares traded were 279,245 at the BSE.(Monday ).
