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Taksheel Solutions to list shares on October 19
Information-technology firm Taksheel Solutions' (TSL) is going to list its equity shares on exchanges on Wednesday, October 19, 2011. The company has fixed issue price at higher end of price band of Rs 130-150 a share.
Information-technology firm Taksheel Solutions ' (TSL) is going to list its equity shares on exchanges on Wednesday, October 19, 2011. The company has fixed issue price at higher end of price band of Rs 130-150 a share.
The issue of 55 lakh shares, which opened during September 29-October 4, was subscribed nearly 3 times.
The Hyderabad-based firm, which offers IT products and services to financial services and telecom companies, planned to use Rs 22 crore from the issue proceeds for acquiring firms in a similar line of business.
TSL intends to use proceeds to set up two software development centres, acquisitions and other corporate purposes.
