Thinksoft Global Services is currently trading at Rs. 194.15, up by 32.35 points or 19.99 % from its previous closing of Rs. 161.80 on the BSE.
The scrip opened at Rs. 194.15 and has touched a high and low of Rs. 194.15 and Rs. 194.15 respectively. So far 7900 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.80 on 07-Nov-2013 and a 52 week low of Rs. 57.05 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs. 170.80 and Rs. 133.65 respectively. The current market cap of the company is Rs. 197.48 crore.
The promoters holding in the company stood at 53.67% while Institutions and Non-Institutions held 0.47% and 45.85% respectively.
Thinksoft Global Services, one of the largest independent software testing companies focused solely on the Banking, Financial Services and Insurance sector (BFSI), has inked a definitive agreement (SPA) with SQS Software Quality Systems AG (SQS) the world’s largest supplier of independent software testing and quality management services, whereby SQS will acquire a majority of the currently outstanding shares of Thinksoft for Rs 260 per share for a total consideration of Rs 1.481 billion.
As part of the SPA the current promoters of Thinksoft have agreed to initially sell to SQS 2,644,612 equity shares of Thinksoft for a price of Rs 260 per equity share, representing 26% of the currently outstanding share capital of the company at a premium of 68% to Thinksoft’s closing share price on November 06, 2013.
The scrip opened at Rs. 194.15 and has touched a high and low of Rs. 194.15 and Rs. 194.15 respectively. So far 7900 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.80 on 07-Nov-2013 and a 52 week low of Rs. 57.05 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs. 170.80 and Rs. 133.65 respectively. The current market cap of the company is Rs. 197.48 crore.
The promoters holding in the company stood at 53.67% while Institutions and Non-Institutions held 0.47% and 45.85% respectively.
Thinksoft Global Services, one of the largest independent software testing companies focused solely on the Banking, Financial Services and Insurance sector (BFSI), has inked a definitive agreement (SPA) with SQS Software Quality Systems AG (SQS) the world’s largest supplier of independent software testing and quality management services, whereby SQS will acquire a majority of the currently outstanding shares of Thinksoft for Rs 260 per share for a total consideration of Rs 1.481 billion.
As part of the SPA the current promoters of Thinksoft have agreed to initially sell to SQS 2,644,612 equity shares of Thinksoft for a price of Rs 260 per equity share, representing 26% of the currently outstanding share capital of the company at a premium of 68% to Thinksoft’s closing share price on November 06, 2013.
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