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Cambridge Technology Enterprises Ltd. — Capital/Financing Update 2024
Mar 15, 2024
61851_rns_2024-03-15_de742c4b-00df-413f-81b9-5b67b012fb9f.pdf
Capital/Financing Update
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March 15, 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: Update on Acquisition of FA Software Services Private Limited Ref: Regulation 30 of the Listing Regulations, BSE Scrip Code: 532801, NSE Code: CTE
This is with reference to our letter dated January 13, 2023 regarding acquisition of FA Software Services Private Limited and letter dated March 20, 2023 regarding update on acquisition of FA Software Services Private Limited (“FASSPL”)
Please be informed that the Company has completed acquisition of remaining equity shares (i.e., 20% of voting rights) of FASSPL as on March 15, 2024. Please find below required updated details:
| S.No | Particulars | Company |
|---|---|---|
| h) | Cost of acquisition or the price atwhich 20% of the shares areacquired | INR 150,000 |
| i) | Percentage of shareholding /control acquired and / or numberof shares acquired; | The company already holds 80% of shareholding of FASSPL. It acquiredremaining 20% of shareholding / 2000 equity shares of FASSPL. |
Hence, the Company has completed 100% acquisition of FA Software Services Private Limited and the same is Wholly Owned Subsidiary of the Company w.e.f March 15, 2024.
Thanking you,
Yours faithfully, For Cambridge Technology Enterprises Limited
SWAROOPD R R Digitally signed by D R R SWAROOPDN: C=IN, O=PERSONAL, T=9530, OID.2.5.4.65=efb6d4ece8474af3a97eb8851bab9f03, Phone=5341ccffb41ec8dd50fed55518353c9689309f26a7b7cd9e953d6aaeec8f3303, PostalCode=500089, S=Telangana, SERIALNUMBER=6a5898849b5875b8bf99e4ddf9739fd53eea1b36ec1362ec235542f13b691ee3, CN=D R R SWAROOPReason: I am the author of this documentLocation: Date: 2024.03.15 21:02:32+05'30'Foxit PDF Editor Version: 12.1.3 Dharani Raghurama Swaroop Whole – Time Director DIN: 00453250
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 www.ctepl.com