mphasis ltd (MPHL:Natl India)
Transactions by MPHASIS LTD (MPHL) in the last 6 months
Karvy Data Management Services Ltd signed a definitive agreement to acquire the remaining India domestic business from MphasiS Limited (BSE:526299) for INR 27.5 million on July 10, 2015. The remaining business generated revenues of INR 600 million. The deal is subject to regulatory approval. With this current agreement, over 2000 employees of MphasiS would be transferred to Karvy Data Management Services Ltd. As of August 24, 2015, competition Commission has approved ...
Hinduja Global Solutions Limited (BSE:532859) signed a definitive agreement to acquire MsourcE (India) Pvt. Ltd. from MphasiS Limited (BSE:526299) for INR 170 million on June 30, 2015. The employee transfer from Mphasis to Hinduja Global Solutions is with immediate effect. A dedicated unit has been set up to ensure smooth transfer for all employees. There would be no loss of jobs or headcount reduction. The transaction is subject to fulfillment of conditions stipulated ...
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