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Cambridge Technology Enterprises Ltd. — Capital/Financing Update 2024
Jun 28, 2024
61851_rns_2024-06-28_83aab51d-b130-4ad6-9bb6-a44d048c0f3d.pdf
Capital/Financing Update
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June 28, 2024
To, Corporate Relationship Department, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001
To, The Listing Department, National Stock Exchange of India Ltd Exchange Plaza, Plot No/C/1, G Block Bandra Kurla Complex, Bandra (East), Mumbai – 400 051
Dear Sir/Madam,
Sub: Delay in Acquisition
Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Letter dated March 21, 2024
This is in continuation to our earlier announcement made on March 21, 2024 intimating that one of the wholly owned subsidiaries of the Company i.e., CTE Web Apps Private Limited has agreed to acquire 100% shares of “C B I Z Information Technology L.L.C”, Dubai. We have informed that indicative time period for completion of the said acquisition is June 30, 2024 (subject to requisite approvals and closing conditions).
We wish to inform that due to various approvals and attestations required as per Dubai Laws, the completion of aforementioned acquisition has got delayed. We expect that the transaction will be completed on or before August 15, 2024.
Thanking you,
Yours faithfully,
For Cambridge Technology Enterprises Limited
ASHISH Digitally signed by ASHISH BHATTAD BHATTAD Date: 2024.06.28 16:02:01 +05'30' Ashish Bhattad Company Secretary & Compliance Officer M. No. A34781
Registered & Corporate Office: Cambridge Technology Enterprises Limited Bengaluru Mumbai Chennai Capital Park, 4[th] Floor, Unit No. 403B & 404, 91 Springboard Business Hub Pvt Ltd, 4th Level 4, A Wing, Dynasty Business AMARA SRI, situated at old No: Plot No. 1-98/4/1-13, 28 & 29, Survey No.72, Floor, #175 & #176, Dollars Colony, Phase 4, Park Andheri Kurla Road, Andheri 313, New No: 455, Block No: 75, Image Gardens Road, Madhapur, JP Nagar, Bannerghatta Main Road, (E) Mumbai - 400 059, 7th floor, Anna Salai Teynampet, Hyderabad - 500 081, Telangana, India. Bengaluru - 560 076, Karnataka, India. Maharashtra, India. Chennai 600018, Tamilnadu, Tel:+91-40-6723-4400 Tel: +91-80-4633-4400 Tel:+91-22-6786-9410 India Fax:+91-40-6723-6800 Fax:+91-80-4299-5779 Fax:+91-22-6786-9199 Tel: 040-6723-4400 Email id: [email protected] CIN: L72200TG1999PLC030997